Unconfirmed: Insights And Analysis From The Top Minds In Crypto

What Happened to Bitfinex/Tether's $850 Million - Ep.071

Informações:

Sinopsis

Robert-Jan Den Haan, a contributor to the Block who has been researching the Bitfinex/Tether situation for over a year, talks about how Bitfinex found itself without access to $850 million of its own money, how the trouble crypto companies have maintaining banking relationships played into that, and the company — or, rather, group of related companies — that is the source of its woes. We also cover where at least a portion of the money is now, and why it likely won't be made available soon, how a case involving Reginald Fowler and Ravid Yosef is related, and why Bitfinex will likely be conducting an initial exchange offering of $1 billion. Plus, we discuss why the price of Tether has barely budged despite being only 74% backed. Crypto workshop at Omega Institute! https://www.eomega.org/workshops/virtues-of-the-crypto-revolution Thank you to our sponsors! CoinDesk: Since 2015, Consensus has been recognized as the most influential blockchain and digital assets event of the year. Hot-button topics such as a