I've been tweeting about Tether a lot lately and if you're still following me but sick of it, mea culpa, this will be my last (non-reply) Tweet about it for the near future. But let me summarize my findings in this thread...
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Tony “Abolish ICE” Arcieri 🦀 Retweeted Tony “Abolish ICE” Arcieri 🦀
As far as I can tell, nothing in either the memorandum of law or supporting statement/order exonerates Bitfinex/Tether in any way whatsoever. They paint a picture of a criminal conspiracy being actively deceptive every step of the wayhttps://twitter.com/bascule/status/1122024456837320704 …
Tony “Abolish ICE” Arcieri 🦀 added,
Tony “Abolish ICE” Arcieri 🦀 @basculeAll I see is a trail of lies, deceit, shady banks and other financial institutions, and comingled corporate and clients funds. This is just bad bad bad... was there something good to say about Tether buried somewhere in this order that I’m missing? pic.twitter.com/INrU6v6o8GShow this thread1 reply 1 retweet 4 likesShow this thread -
Tony “Abolish ICE” Arcieri 🦀 Retweeted Tony “Abolish ICE” Arcieri 🦀
They show conclusively that Tether was lying about the state of their reserves, at least for several monthshttps://twitter.com/bascule/status/1121844406431223808 …
Tony “Abolish ICE” Arcieri 🦀 added,
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Tony “Abolish ICE” Arcieri 🦀 Retweeted Tony “Abolish ICE” Arcieri 🦀
They do show that Tether did have a portion of the reserves. But if anyone was claiming the contrary, no one can provide me a link to someone who was doing sohttps://twitter.com/bascule/status/1122192454806122497 …
Tony “Abolish ICE” Arcieri 🦀 added,
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All of that said, the notion that the memorandum of law/order somehow exonerate Bitfinex/Tether was widely circulated on "crypto twitter", and appears to be completely false. If you have supporting evidence to the contrary, please, change my mind.
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