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Author Topic: Tether allegedly under investigation  (Read 202 times)

Offline rdluffy

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Tether allegedly under investigation
« on: October 26, 2024, 04:13:45 PM »
Yesterday, as everyone noticed, there was a drop in the value of cryptos and it was due to the news that tether is supposedly under investigation by US Government
It appeared on some news channels and profiles:


Source

But then Paolo Arduino himself denied the news.


Source


What do you think?
Is tether really under investigation?

In my opinion it was just FUD again, like they always do about tether
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Tether allegedly under investigation
« on: October 26, 2024, 04:13:45 PM »

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Online Stompix

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Re: Tether allegedly under investigation
« Reply #1 on: October 26, 2024, 04:33:19 PM »
But then Paolo Arduino himself denied the news.

And how can he be so sure?
Is the DoJ mailing him, hey we're starting an investigation be sure to keep all your records clean and accessible, and be careful to absolutely not delete anything that might incriminate you? Lol!
Remember when CZ was threatening newspapers about his investigation of Japan? He was in a plane fleeing Japan and he was tweeting everything is fine, we will sue you for misinformation, and so on! Deja vu!

Anyhow, popcorn time! :D


Offline rdluffy

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Re: Tether allegedly under investigation
« Reply #2 on: October 26, 2024, 09:46:08 PM »
But then Paolo Arduino himself denied the news.

And how can he be so sure?
Is the DoJ mailing him, hey we're starting an investigation be sure to keep all your records clean and accessible, and be careful to absolutely not delete anything that might incriminate you? Lol!
Remember when CZ was threatening newspapers about his investigation of Japan? He was in a plane fleeing Japan and he was tweeting everything is fine, we will sue you for misinformation, and so on! Deja vu!

Anyhow, popcorn time! :D

I'm not sure hahaha, nobody can guarantee anything, I just posted what the CEO said, and at least he didn't take so long to answer something important like another people of other projects
I hope it's only FUD, but we can't be sure until we have an official announcement
Something wrong with Tether can cause a huge drop in cryptos, just like Luna, Celsius, FTX etc
Can be bad for all of us, even if we don't hold any USDT
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Offline KryptoBull

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Re: Tether allegedly under investigation
« Reply #3 on: October 28, 2024, 08:27:31 AM »
What do you think?
Is tether really under investigation?

In my opinion it was just FUD again, like they always do about tether
I think that's just FUD from the WSJ, and the Tether CEO has already shot it down. We don't know the real motive behind it, but some investors panicked and sold their tokens to protect their profits.

What's interesting is that even with all the FUD around Tether, investors are cashing out into USDT instead of other stablecoins. The USDT cap is still holding steady, and 1 USDT is still equal to 1 USD on the market. This confirms that investors trust and hold USDT. These FUDs just make them nervous about the overall market, not the value of USDT.

 

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