https://www.scribd.com/document/416240547/NYAG-AFFIRMATION#fullscreen&from_embed"22. The OAG's investigation has also determined that as late as 2019, Respondents entered into at least one written agreement to loan tethers to a New York-based virtual currency trading firm."In other words, they are just printing USDt which is being used to buy crypto without actually getting paid for them. USDt out of thin air. No fiat entering the system, just USDt printed and used to trade.
Submitted July 09, 2019 at 09:25PM
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