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Bitcoin SV (BSV) deposits are now disabled. Deposits currently pending will be credited shortly. If you send funds in now, you may not be credited until after trading is disabled on April 29th. Please withdraw all BSV by May 31st, 2019.
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The people have spoken. Kraken is delisting BitcoinSV: blog.kraken.com/post/2274/krak #delistBSV
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When Tether starts threatening to double spend on exchanges and files lawsuits against Kraken, its investors, business partners and clients.
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In my humble opinion, I put the current USDT operators in the category of fraud. They are masquerading as a backed stablecoin. Without backing, stability is impossible to promise. The nature of counterparty risk. There will be a massive negative goodwill effect from USDT.
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I don't have enough information to say whether USDT is fully backed or not. If you're right, it makes it all the more important that we have markets for price discovery and trading of claims.
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