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

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!