Loading ...What I read last night about Crap Coin tells me that it is a total con job…..that crew behind Tether/Bitfinex stink to high heaven.
The Italian Ceo was trying to raise funds in Bitcoin at one time, he was offering to borrow Bitcoins at 2 % a month and said the reason he could pay so much was because he was involved in a specialist trading system called Arbitrage….which he said meant he bought low and sold Hi !!!!!!!!
Why the authorities allow it is another matter, but if they were doing their job they would at least be warning people against it, as closing it down is nigh impossible, as it would just move to another no regulation country.