It was in the NYAG settlement. [1] Transcripts here. [2]
Merlin is Bitfinex/Tether CFO Giancarlo Devasini. [3] Oz and CCC is Oz Yosef - their contact at the Panamanian money launderer Crypto Capital Corp. Here, they parked almost $1B of co-mingled funds without a contract at all and had it seized by various world authorities.
Merlin [15.10.18 10:01]
I need to provide customers with precise answer at this point, can't just kick the can a little more
Merlin [15.10.18 10:02]
the international I mean
CCC [15.10.18 10:02]
I will keep you posted here
CCC [15.10.18 10:02]
On the process of all international payments.
Merlin [15.10.18 10:02]
please understand all this could be extremely dangerous for everybody, the entire crypto community
Merlin [15.10.18 10:03]
BTC could tank to below 1k if we don't act quickly
For once, I believe Giancarlo. I recommend reading the rest of the transcripts in [2].
> And this tin foil hat theory about tether pumping btc has been debunked repeatedly.
I mean, you can keep repeating that, but of course, it hasn't. I don't know there's conclusive evidence at this point although a massive class action suit against Tether for market manipulation was recently allowed to proceed by a judge after rejecting Tether's request for summary judgement. 5 of the 10 claims were dismissed - a few on technicalities - but 5 claims were approved to continue on the basis of suitably compelling evidence and off to court we go. [4]
>> The court did dismiss RICO charges against the defendants. However, it found the plaintiffs adequately alleged monopolization, market manipulation, common law fraud, and violation of the Commodities Exchange Act. [4]
Just to be clear, none of what you've provided concludes that tether manipulated (pumps) the btc market. Its still a tin foil hat theory from people who just dont like cryptocurrecy.
Me: > I don't know there's conclusive evidence at this point...
I already said there was no conclusive evidence yet, but that's not the same thing as "debunked." A judge agrees. Had it in fact been "debunked repeatedly" then the lawsuit would not be permitted to proceed.
>> The court did dismiss RICO charges against the defendants. However, it found the plaintiffs adequately alleged monopolization, market manipulation, common law fraud, and violation of the Commodities Exchange Act.
A judge literally found based on the plaintiffs evidence that they have adequately alleged market manipulation.
So, let's see where that goes then, shall we?
Either the judge is wearing a tinfoil hat too, or I suggest new talking points.
Of course I don't like cryptocurrency, lol, it's hot garbage IMO. However, I wouldn't like it any more or less at $1,000 than I would at $100,000 (well, except that Bitcoin's environmental footprint cap is proportional to its price - so lower is better for the planet).
Merlin is Bitfinex/Tether CFO Giancarlo Devasini. [3] Oz and CCC is Oz Yosef - their contact at the Panamanian money launderer Crypto Capital Corp. Here, they parked almost $1B of co-mingled funds without a contract at all and had it seized by various world authorities.
For once, I believe Giancarlo. I recommend reading the rest of the transcripts in [2].> And this tin foil hat theory about tether pumping btc has been debunked repeatedly.
I mean, you can keep repeating that, but of course, it hasn't. I don't know there's conclusive evidence at this point although a massive class action suit against Tether for market manipulation was recently allowed to proceed by a judge after rejecting Tether's request for summary judgement. 5 of the 10 claims were dismissed - a few on technicalities - but 5 claims were approved to continue on the basis of suitably compelling evidence and off to court we go. [4]
>> The court did dismiss RICO charges against the defendants. However, it found the plaintiffs adequately alleged monopolization, market manipulation, common law fraud, and violation of the Commodities Exchange Act. [4]
I'll let the judge decide if it's FUD thanks :)
[1] https://ag.ny.gov/sites/default/files/2021.02.17_-_settlemen...
[2] https://cryptonews.com/news/how-merlin-lost-patience-trying-...
[3] https://www.ft.com/content/4da3060c-8e1a-439f-a1d7-a6a4688ad...
[4] https://protos.com/tether-market-manipulation-class-action-l...