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Comment by woeirua

Tether is the big one. If Tether collapses it's going to take down Binance and probably every other exchange with it.

People have been warning about this for quite some time [1]. Tether is clearly under capitalized, and if you believe the worst rumors, was basically a perpetual motion machine being used to prop up Bitcoins price.

[1] https://coingeek.com/even-binance-thinks-the-tether-stableco...

parent woeirua 4 years ago

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