Bitfinex CEO sends more details on situation w NY AG
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Denies that they lost $850m, but confirms they don't have the money 🤔
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Why? Hodler, you know why. Banking while bitcoin, yet again.
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why haven't you informed your customers about the latest development and provided them with a safe alternative to tether? you delisted BSV on moral grounds, where are your morals now?
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We have a safe alternative to Tether. It's called USD.
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what about inter-exchange transfers?
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perceived less volatility risk during the time they have to hold it.
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Like with some token that represents USD, to be redeemed by the receiving exchange for bank USD later?
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Tether no longer serves that purpose reliably. Don't you think your customers deserve a safe alternative for transferring their funds? What do you have against USDC, TUSD, GUSD, USDS,....?
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Safe alternative to what? The safest thing to do would be to transfer a real crypto, like bitcoin. You're saying you want us to support some other centralized, USD reserve token which can be frozen/destroyed at any time by the issuer? How about something decentralized?
yes, you obviously have no problem with that or you would have delisted Tether a long long time ago. It's not safe to transfer crypto without hedging, which is inconvenient.
>How about something decentralized?
nothing reliable atm, so why not list another stablecoin until then?
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Which one is best?
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