7 () posted 291 days ago by ghost_of_aswartz 291 days ago by ghost_of_aswartz +8 / -1 12 comments share 12 comments share save hide report block hide replies
Tether, as many stable coins, are controlled by an exchange. It is a private blockchain, and not a public ledger. It's been used to manipulate the marked by Bitfinex
https://en.wikipedia.org/wiki/Tether_(cryptocurrency)
This dude put it best.
Not your keys, not your coins.