Tether (USDT) Fraud Accusation Now Causes Concern For All So-Called "Stable Coins" (DAI)

From: South Of Paradise Valley
01:45:44 UTC

Dear Friends and Subscribers,

Today's accusations made by the SEC in the ruling against Bats BZX Exchange, Inc. highlight just how big the Tether (USDT) fraud may be and they aren't stopping there.

This information calls into question all so-called "stable coins" such as MakerDAO's Dai (DAI) which is a serious contender to Tether (USDT), but most firms think that this is just the beginning on the quest for the stable coin holy grail.

Since the first quarter of this year, we have also seen the funding of such projects as TrueUSD (TUSD) also known as "TrustToken" as well as few lesser-known contenders such as Carbon-12, and Saga which has a bit of a different model by issuing the stable coin with an attachment of asset backings.

And if you're still counting at this point, we won't leave you disappointed by forgetting to talk about the infamous BaseCoin (BASIS) which suddenly died and was then reborn again by wealthy investors such as Bain Capital and Andreesen Horowitz. Some early community members were quick to criticize Basis by calling out as a pure fraud designed by the likes of Silicon Valley's elite inner circle.

Here is our short term price target determination upon careful analysis:
BTC: $7628
ETH: $452
BCH: $759
DASH: $214

Not sure what all this means?

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Onward & Upward!

-+-Agent for The Professor