Is the Cryptocurrency Tether Just a Scam to Enrich Bitcoin Investors?
Is Tether Just a Scam to Enrich Bitcoin Investors? A widely used cryptocurrency can’t escape investigation and controversy—and it may be fueling another coin bubble. Shutterstock Premier Consumers who invest in cryptoassets “should be prepared to lose all their money,” the U.K’s Financial Conduct Authority warned cryptocurrency investors on Monday. That message came amid an 11 percent decline in the price of Bitcoin, the industry’s premier asset, whose value had tripled in the last three months. But it’s a warning that might also apply to holders of a cryptocurrency that’s ...
Source: newrepublic.com