Black hats have and continued to push this narrative. Why? Simple, they can not control and manipulate these positions.
In January 2024, Howard Lutnick, chief executive of Wall Street giant Cantor Fitzgerald, told BloombergTV at the sidelines of the World Economic Forum in Davos that concerns about Tether's reserves were misplaced and noted that "they have the money." In the same interview, Lutnick revealed that his company was acting as custodian for Tether's reserves.
Black hats have and continued to push this narrative. Why? Simple, they can not control and manipulate these positions.
In January 2024, Howard Lutnick, chief executive of Wall Street giant Cantor Fitzgerald, told BloombergTV at the sidelines of the World Economic Forum in Davos that concerns about Tether's reserves were misplaced and noted that "they have the money." In the same interview, Lutnick revealed that his company was acting as custodian for Tether's reserves.
Not sure what you mean. Tether is a dirty company that have been previously busted in their 1:1 Tether:USD backing claim.