One scam down at least, next the Tether printer and BitFinex boys. Clean up in aisle HKG please.
Tether just hit a new all time high of $1.07, making the return on investment significantly better than most VC funds.
Isn't the entire point of it to be pegged 1USDT === 1USD? Obviously it fails at that by being backed by nothing like enough USD, but what does it being worth $1.07 even mean? Also, where do you sell Tethers given Bitfinex won't exchange them for USD?