Tether Insolvent in 2024?
$1.5M Vol.Ends 31 Dec 2024
$1.5M Vol.Ends 31 Dec 2024
This market will resolve to "Yes" if official information released by Tether Limited Inc., official representatives of Tether Limited Inc. (e.g. lawyers, spokespeople, etc.), or a consensus of credible reporting announces by December 31, 2024, 11:59 PM ET that Tether Limited Inc. is insolvent or is filing/has filed for any variety of bankruptcy. Otherwise, this market will resolve to "No".
tomatoe630d
damn, I lost my money ;(
yellowcloud641d
tether is the only crypto company that succeeded to push back on the SEC & attracted Larry Fink with stablecoin's yield
SimonRileyT650d
no)
maried651d
indeed
mug69652d
buhahaha
matilek653d
i guess it's impossible i assume it'll be next year maybe
cartere654d
no
c4fc5655d
yes
bz2002664d
I believe it will still be there in 2024
Lincanairport668d
no
7xuxu669d
It’s almost 2025, let’s see next year
humblePie670d
Unlikely to be insolvent but SEC should be going after Tether instead of other crypto
milano670d
It seems impossible to go bankrupt at the moment
balyd670d
2024 will end soon.
linlinsi40670d
Impossible to a large extent
208a3671d
Probably not
weapon08673d
This thing is so horrible.
ooooz674d
Such a result is self-evident
sadsunmmer674d
It's just too absurd.
nofu2077674d
feerdorm
choosename677d
There is no need to play if Tether Insolvent.
Katesnow678d
Tether is a scale
liquidity680d
Not a chance.
Yearmonth700d
Doubtful
Xm33708d
lol
RealDeal715d
Your account explains it.
Yourbestbet715d
can you realy trust $100 dollar papers? Can you name the last 10 holders of those papers?
jayminho738d
Pluuussss , it’s also important notice that tether MAY HAVE BECOME “too big to fail”
jayminho738d
As much as I’d love to see Paolo and his gang badly locked up.. noooope. That won’t happen by 2024… hoooowever Kamala may likely grab by the palls
nasa22738d
Why buy bonds or have a savings account when this market exists?
Degen2005758d
@ConsumersFirst just sent a Consumer Warning to every Governor in the nation, warning them that unregulated cryptocurrency company @Tether_to could be the next FTX, on the brink of disaster. Source: [link removed]
Degen2005759d
Audit or attestation? Tether publishes attestations by BDO Italia. "At BDO, 86 per cent of audits inspected by the PACOB were found to be deficient, meaning that the firm had failed to collect enough evidence to support at least part of its audit conclusion" - "BDO sinks to bottom of US audit quality league table". Now this is for BDO US, now imagine what's going on at BDO Italia! Pure mafia business!
Degen2005759d
Isn't this pretty much a fact at this point? Something that everybody knows but nobody talks about as it would cause the demise of entire crypto industry. Tether printed and loaned USDT to Celsius against Bitcoin collateral. And this might be a common practice for them.
PlayableCharacter759d
Tether releases its qtr 3rd party audit on Sept 30th. If tether is allowing BTC as collateral to mint USDT that could be a big problem if BTC falls hard...
Degen2005762d
All Bitcoin ETFs combined have $52B total assets under management. Tether has printed about the exact same amount of $52B since 2022 bottom. Tether is the most obvious ponzi scheme to have ever existed.
Degen2005765d
VanEck: We are also concerned about the general challenges facing USDT holders who want to off-ramp their tokens to fiat. USDT can be redeemed for dollars by only a few entities, and many holders are supposed have to swap for USDC to offramp their USDT. Additionally, moving USDT from Tron to Ethereum is nearly impossible, adding to our concern of collusion between Sun and Tether to block exits for Tron’s USDT holders.
Degen2005768d
“Tether’s Connections to China” 📝🇨🇳 Despite their claims of NOT holding any Chinese commercial paper, documents released by the NY Attorney General revealed that Tether, in fact, held billions of dollars in short-term loans to Chinese companies. [link removed]
Degen2005800d
Tether is banned in New York and Europe. Soon it will also be banned in Hong Kong. Tether has never been audited. All their claims of asset ownership, profits, etc... Are NOT verified and could be made up entirely!
Degen2005800d
Terrorist financing, fraud investigations, and a close relationship with China. Can you really trust Tether? [link removed]
Degen2005800d
YES it is. A massive red flag. Tether is breaking the record for highest asset under management per employee. Previous record was held by Bernie Madoff who ran the biggest ponzi scheme in the world.
turnerinterrupt800d
Is it not the most profitable company in the world by head count?
Degen2005802d
Ponzi scheme ponzi scheme, what you gonna do? What you gonna do, when they come for you
shanstate833d
They hold short term bonds and rates are currently high, if rates drop bond prices go up so theyll have an even stronger balance sheet. They hold short term bills so convexity isn't a big problem. I doubt rates go even higher than they are now.
MAGA4eva956d
G-Ell is gonna make all his losses back, ANY DAY NOW!
MAGA4eva990d
Oooh, what scam is DUMFUQ DOMER cooking up now?
Anon12321-837995d
geez can't wait for Tether to self-declare as insolvent
