the tether of former child actor "Brock Pierce"... can't fail soon enough

The e-gold network (central server) kept logs of all accounts and transactions permanently. This approach allowed police to track down multiple criminals using the service. Just as e-gold served well to locate various crime syndicates, Tether operates a similar centralized system on top of blockchain networks (Ethereum, Tron, BSC) with a public ledger and a central authority (Tether admins). Law enforcement identifies accounts using Tether and connects transactions to identities. Unlike every permissionless cryptocurrency, Tether operates with a central authority in control, giving the option to freeze and confiscate funds. While it is useful for authorities today, they will find better and more compliant methods soon with CBDCs.

sounds bad

the tether of former child actor "Brock Pierce"... can't fail soon enough