If you haven't been following along, there has been some continuous motion towards Bitfinex having, let me phrase this delicately, catastrophic levels of adversarial attention in an official proceeding. Here's the latest fun document: https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=jX7xs2WMHur2ri2XrtVM6w== …
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I think that there are some individual sentences which don’t just impact contras they impact contras retrospectively and mechanically.
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What does "contras" mean here? My Google-fu is failing me.
End of conversation
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I'm curious how it would. AFAIK Tether is mainly used for liquidity / BTC onramp in Asia. They don't even seem to care that it's not fully backed. Worst case I can see: Bitfinex operations in the US are killed, Tether barred from US exchanges What am I missing?
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