Bitfinex does it again and there goes Bitcoin

in #bitcoin7 years ago

So Tether or you can say Bitfinex once again found manipulating the crypto world with their own so called stable coin USDT ,New your attorney general official alleged that Bitfinex has lost more than $850 million and that funds are used from the stable coin usdt tether backing to cover the shortfall.

As soon as this news hit around the news online sources the bitcoin took a massive dump which was quite obvious as bitcoin is being traded in that

One more reason i keep on saying that bitcoin or crypto is now yet decentralised it may be with the technology but with money it is now as few people know how to play the game behind the doors well this will keep on going until and unless a great solution is found.

Do you keep your all fund in USDT or do you believe there should be other alternative for all exchanges

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