World’s Largest Bitcoin Exchange, Bitfinex, Threatens Critics With Legal Action.

in #bitcoin7 years ago

Critics such as #Bitfinex’ed claimed that not all of the Tether issued are backed by US dollars. Charlie Lee, the creator of #Litecoin and former executive at #Coinbase, also urged Bitfinex to conduct a third party audit on Tether, to put an end to the controversy.
A third party audit would be beneficial for both Bitfinex and the cryptocurrency sector, as it would calm many investors who fear that #Bitcoin’s price is being manipulated:
https://cointelegraph.com/news/worlds-largest-bitcoin-exchange-bitfinex-threatens-critics-with-legal-action
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