Discover and read the best of Twitter Threads about #TetherScam

Most recents (5)

#Tether/#kraken/#USDC/#BUSD/#HUSD Watch!

We really need a sweep, i'm losing too many characters here on the intro.

Tether's up to $24,8 billion supply - lackluster to say the least. Volume's cratered.

#Fintwit #bitcoin #BTC $BTC #ETH $ETH #USDT $USDT $USDC $BUSD $HUSD
Their lack of printing has to be compensated somewhere.

Well, it's not #BUSD. That has been going sideways.

$BUSD volume's cratered the same.

MEANWHILE; I wonder when #Tether/#USDC called upon BUSD's dollar reserves to make due. Also no weird price floor action here, nope.
It seems to be #HUSD that's covering for the pack, as it's the only one of the #Stablecoins still going up in marketcap. Considerably, too.

AND, as opposed to $USDC, $BUSD and $Tether - $HUSD volume has EXPLODED!

As i said. #Huobi = the Asian connection.
Read 4 tweets
#Tether watch!

🚨 IT'S TIME! 🚨

🚨TO KILL THE ENTIRE STABLECOIN ECOSYSTEM!🚨

🚨THERE IS *ONE* DOLLAR RESERVE FOR ALL STABLECOINS!🚨

desogames.com/proof-that-few…

#Fintwit #Tetherscam #bitcoin #Ethereum #BTC $BTC #ETH $ETH #USDT $USDT #XRP $XRP #USDC $USDC #BUSD $BUSD #HUSD $HUSD
Once it's fullscreen on desktop, rightclick > view image and twitter should show the full format. It's on my website as backup. The short of it:

ALL stable coins are backed by the SAME reserve! EVERY stablecoin shows mainly or even ONLY *Tether* flowing into it!
The USDC Audits are *FRAUDULENT* just like the 2018 Tether audit was. It reads exactly the same as the Tether audit did, only a bit more refined, and they found a willing criminal organization, Granton & Thornton, to run cover for them. It's no coincidence it started October 2018
Read 16 tweets
#Tether watch!

Yknow what. I think i've located Tether's missing billions.

So far, we've only *assumed* $BUSD and $USDC went up because of organic demand.

But... They didn't. It's Tether, again.

#Fintwit #bitcoin #Ethereum #BTC $BTC #ETH $ETH #USDT $USDT #BUSD #USDC #Binance ImageImageImageImage
Also i have questions why $USDC used to fluctuate so much, and then suddenly, stabilized. Same pretty much goes for $BUSD.

Well, they're supposed to stabilize, as stable coins right?

Well... yeah... But because of #USD... Not other #crypto. ImageImageImage
I think you can feel this coming!

Wait for it!

$USDC IS *NOT* BACKED BY #USD! IN FACT, COINLIB SAYS THE MAJORITY OF THE PRICE OF USDC COMES FROM #ETHEREUM VOLUME! NOT DOLLAR VOLUME!

#DOLLAR VOLUME IS ONLY 10%!

IF IT WASN'T FOR EXRATES, USD PRICE OF USDC WOULD BE $3,820!!!!! Image
Read 22 tweets
1/ The Tether ( $USDT ) controversy and its relation to #Bitcoin ( $BTC ). Join me in exploring why #tether is crypto's dirty little secret, and why #2021 might be the worst year yet (for crypto). Image
2/ I will use this thread to collect even future events / developments on #tether, so you might want to come back to it later on.
3/ For the uninitiated, #tether is a stablecoin supposedly "backed" 1:1 by real $, yet it has been surrounded by controversy for years over whether or not that is the case, considering the companies behind #tether and Bitfinex never presented an actual audit of their reserves. Image
Read 57 tweets

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