🛑Breaking News: Tether Bank Insolvent???🛑

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thecryptocrowd (47) · 6 years ago

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amvanaken (63) · 6 years ago

I think this has been known for about a year bro 😜

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scorer (58) · 6 years ago

I believe it is FUD created for new stable coin owners to promote them. 😂

Just reread the Bloomberg article.

Noble Bank International, the Puerto Rican financial services firm with clients that have included prominent cryptocurrency ventures, is looking for a buyer, according to a person with direct knowledge of the situation.

The bank has lost many of its customers, including Bitfinex and Tether, and is no longer profitable, the person said. The company could sell itself for a price between $5 million and $10 million, based largely on the value of its Puerto Rican license to operate as an international financial entity, the person said, asking not to be identified discussing confidential talks.

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captain2020 (32) · 6 years ago

I learnt this about usdt few months ago from you Sunny. Now I am always careful keeping my digital asset as usdt. My current approach is when I sell for profit to usdt I quickly do a research and buy another alt coin I trust.

Thank you Sunny

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