Have you heard about Operation Dragonslayer?
Recently have heard of this conspiracy and been reading into it. I would like to share what I have found so far and hopefully this community can clear up any misunderstandings or different conclusions to draw from the information.
A private/secret investor group has been using an insider way of margin trading. It is believed that Tether USD, a coin that is claimed to be backed 1:1 with US dollars is being created by this group, but without having actually been minted from submitting a US dollar. Bitfinex and Tether have a strong relationship and both have had questionable and spotty histories with banks, finances, and transparency. It is believed that they have hidden behind those shortfalls to amass a large wealth from fraudulent sales of tether and are putting this money on margin pumping up prices of Bitcoin and other crypto currencies. Eventually this group will take profits on the fraudulent positions, short the markets, and then this fraudulent faucet of free money will stop and be exposed leading to a large drop and more profits for the secret group.
Some links to articles where I got a bit of my information to grasp this understanding of the conspiracy that has been circulating.
https://www.reddit.com/r/Bitcoincash/comments/7f39m0/the_operation_dragonslayer_conspiracy/
So what are the communities opinions? Do I have some misunderstandings? Any more details about some of these aspects of the theory? Or should none of us be worried about any of these red flags.
Ever since they told their US customers to liquidate their accounts starting at the end of the summer, because they wouldn't legally be able to do business with the US anymore, I felt like they were basically admitting to illegal activities. How many red flags do you need to get a clue?
Definitely, wouldn't touch Bitfinex or Tether even a tiny bit after looking into them a bit. Nor BTC-e for that matter which I think I read some other loose relationship with them. So probly is some truth to a large amount of btc that this group got for free that they can sell for all profit while shorting the market for even more profit. OH boy...
This post has been ranked within the top 10 most undervalued posts in the first half of Nov 27. We estimate that this post is undervalued by $157.24 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Nov 27 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.
I was lucky to stumble upon this:
https://steemit.com/dragonslayer/@codemojo/operation-dragonslayer-info-from-a-hongkong-investment-banker
You were lucky to stumble upon your own post?
or just the guy from years ago.
the guy, of course