2min chapter

Crypto Critics' Corner cover image

Tether: The $100,000,000,000 Problem in Crypto

Crypto Critics' Corner

CHAPTER

Comparing Goldman Sachs and Tether's Significance and Recent Investment Activities

This chapter explores the size and importance of Tether as a new type of financial firm, comparing it to Goldman Sachs. It discusses Tether's recent investment activities, their involvement in token sales, and their manipulation of terminology regarding reserved funds and secured loans.

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