Has anyone heard about this anonymous note about how fraudulent Tether activity is artificially inflating BTC’s price. Here is the article that Whitney Tilson cites: https://crypto-anonymous-2021.medium.com/the-bit-short-inside-cryptos-doomsday-machine-f8dcf78a64d3
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Michael Saylor made a counter argument on this youtube link.
https://www.youtube.com/watch?v=DSVnv3NZlW0
Fraud in cryptocurrencies? I simply don’t believe it. Take a product as complicated to understand as most cryptos are by design and pair it will retail investors that do not have a clue what they are buying? Fraud you say? Perish the thought.