I recently sold a significant amount of my crypto while I wait to see what happens with Tether. If you want to read about it, I suggest this article from Revolver. The collapse of FTX all started with one article and I’m worried the same thing might happen with Tether now that people are talking about it. To be clear, Tether is almost definitely a scam so it’s always just been a question of when and not if it fails. I still believe in crypto long term and I will be buying back in after the Tether situation works itself out.
Not financial advice.
believe in crypto ... long term. long term is the key word.
lets see how brain storming session between FTX stable genius, secretary of treasury, NY times, CNBC goes ... dont think they care about the voi di populi ... FTX stable genius is here to stay ... may be a future secretary of treasury, he will know how to get the small crooks ... yes small - that is illegal.