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RE: Some Thoughts About Tether & Why I Don´t Believe All The FUD!
We will look back on exchanges being closed and accounts being drained and see that it was a much larger problem than you are supposing it is.
I guess you´ve read too much tweets from bitfinex´ed already :P
The cryptosphere is still an outlaw place but honestly why should those guys want to crash it through some few tethers whenever they make millions each day. All that FUD just doesn´t make any sense to me.
From the timeline it's quite clear they wanted to make money fast, but once they got that notice they started printing and pumping in overdrive. It makes perfect sense from the perspective that they knew they were done for and had one last chance to attempt to make enough money to go hide somewhere with their millions and retire.