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drewg__'s profile
drew
drew
drew
@drewg__

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drew

@drewg__

electronic trading technologist, illiquid commodity futures enthusiast, hedge fund/HFT apologist, big idiot

NYC
Joined April 2009

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    1. drew‏ @drewg__ Oct 7

      drew Retweeted Tether

      Pretty crazy that this is the response of a $69 billion crypto money market fund to an article that alleges they have broken the buck and that it's likely to happen againhttps://twitter.com/Tether_to/status/1446095728980500484 …

      drew added,

      TetherVerified account @Tether_to
      Tether dismisses Bloomberg story as old news with dubious sources ⬇️ https://tether.to/tether-responds-to-bloomberg-businessweek-article/ …
      6 replies 0 retweets 44 likes
      Show this thread
    2. FreddieRaynolds‏ @FreddieRaynolds Oct 7
      Replying to @drewg__

      The thing no one talks about is how much the FUD benefits Tether. If it’s 100% backed and starts to trade at $0.50 they can buyback their liabilities and end up with 50% of $69B of cash in their pockets.

      1 reply 0 retweets 3 likes
      drew‏ @drewg__ Oct 7
      Replying to @FreddieRaynolds

      now we're cooking with gas!

      8:22 AM - 7 Oct 2021
      • 2 Likes
      • Saang Lee (이상선) FreddieRaynolds
      0 replies 0 retweets 2 likes

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