New York Supreme Court has REJECTED Tether’s petition to block the public from receiving documents detailing the composition of Tether’s reserves over the past few years.
TETHER IS FUCKED
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Holy shit the fedniggers are rugging it all.
bullish for DAI / MakerDAO
Lol enjoy the ride! Zero is a lot closer than you realize!
gaugecash.com
Check it out
Read white paper
This is the future
Does anyone know what dai's reserves are made of specifically?
Yeah. Usdt backed..
lmfao I wouldn't be surprised
Just blackrock destroying competition, USDC will be the only stable once these regulations are done.
Most likely this
lol how overcollateralized do you think it is?
w-why are they petitioning to block their proof of reserves
what could possibly be wrong with it that we shouldnt be allowed to see
Nothing to see, everything is fine. It's unregulated so you don't need to see things they aren't required to show you. It's really that simple.
It's the 1800's all over again.
It's ogre fren the super shemita was this year and not in 2029
Once this shit comes to light, get ready for the news to talk about the history's largest money counterfeiting scandal ever.
Bitcoin is unironically going to four figures once this blows up.
is the project hosted in NY? just get the fuck out there and go to the Phillipines/Singapore/HK, mutts can’t do shit there
I looked it up, its backed by ETH. Most of ETHs volume is tether. Tether dies, Eth takes a hard crash as fees go through the roof but there isn't enough liquidity as every dex routes through tether.
RIP DAI
so when the fuck are the feds supposed to pull the plug? is there a date?
>OP makes thread about a ponzi is getting exposed
>The first 10 replies are all jeets shilling their competing ponzis
This place is a hell hole.
Kek! Crypto is decentralized they said! Kek!
You want another chinkoid rugpull
9/11 maybe like always in september
fiat is ponzi but everyone agrees about its legitimacy because… mafia said so!
>muh fiat
go away