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25 sats \ 0 replies \ @purpurato 9 Feb 2023
Lol they were supposed to hold one dollar for every shitcoin they issued, now it's not than half treasuries that will be impossible to liquidate at market price when the time comes, it's a time bomb and it will blow all over bitcoin too. I wish Tether's demise would be for this cycle though, let's hope it doesn't get too big.
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0 sats \ 1 reply \ @cryptocoin OP 9 Feb 2023
Here's the Tweet by Tether's CTO that kicked off the Twitter thread where this was shared:
https://twitter.com/paoloardoino/status/1623644465238798339 [Nitter]
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0 sats \ 0 replies \ @cryptocoin OP 9 Feb 2023
See also another post, found here on SN, where some discrepancies between some "daily" data Tether shares versus what is asserted in this press release.
Tether's shareholder capital cushion is full of contradictions
#133831
https://protos.com/tethers-shareholder-capital-cushion-is-full-of-contradictions
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