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David Fauchier Profile picture
David Fauchier
@dfauchier
Multi-strat / multi-manager platform @NickelDigital. Previously @CambrialCapital. My views are my own, and do not represent that of my employer.
Jan 17, 2021 • 27 tweets • 5 min read
Some thoughts on this super inaccurate piece.

tl;dr: this is not a defence of Tether/ iFinex, who I would like nothing more than to see disappear into irrelevance. However, most of the conclusions here show zero understanding of crypto market structure.

crypto-anonymous-2021.medium.com/the-bit-short-… 1. First up: it’s completely inexcusable that Tether refuse to have a 3rd party audit. I can’t find a single good faith reason for this.

Bitfinex GC recently did a superb job of sidestepping that question on WBD: whatbitcoindid.com/podcast/questi…