Apologies if someone has already said this....

So to summarise, we all suspect that there is a giant money printing machine sitting at the heart of cryptocurrency, printing fake dollars (USDT), which are then used to purchase bitcoin etc, thus artificially keeping crypto prices high.

Therefore those holding tethers may find that they own a coin with no value and the crypto market crashes due to this plus the fake QE printing press is turned off, which no longer supports current price levels. Oh and Bitfinex goes out of business too, which means anyone holding coins on that exchange could potentially lose all of them.

It sounds like those holding tether will likely lose everything and those holding crypto will see the value of their holdings fall off a cliff?

The last time something like this happened the bear market lasted two years? This sounds like a cataclysm waiting to happen....

Then following this disaster, governments around the world regulate the hell out of the market so their citizens cannot be swept up in a similar fraud again...?

P.S. I am guessing that everyone noticed that they just printed another $600M dollars worth of tethers yesterday (28th Jan)? Thus increasing the supple of tethers by roughly 37%??