The article doesn't actually say anything bad about tether.
The worse parts are that they were once fined. But it's a tiny amount and most banks get fined regularly by all sorts of regulators.
Other than that, is it meant to collapse because one of the founders once played hockey in a movie as a kid? Or because another one is asian?
Go back and read it. It's not factually wrong, it just couches facts negatively ( eg Jean-Louis van der Velde is also known as Jan Ludovicus van der Velde, but who cares? So he anglosized his name? Teddy Roosevelt was actually called Theodore you know, Ted Cruz is actually Rafael Edward Cruz)
None of this would put me off investing in any given company outside for crypto. Would you refuse to buy shares in a company with a CEO who was asian or a CFO who used an anglosized name? I assume not.
They were forbidden from doing business in NY because they flat out lied about pretty much everything they were doing or were. including that they had cash reserves, when for years (and maybe still), they didn’t even have bank accounts.
The worse parts are that they were once fined. But it's a tiny amount and most banks get fined regularly by all sorts of regulators.
Other than that, is it meant to collapse because one of the founders once played hockey in a movie as a kid? Or because another one is asian?
Go back and read it. It's not factually wrong, it just couches facts negatively ( eg Jean-Louis van der Velde is also known as Jan Ludovicus van der Velde, but who cares? So he anglosized his name? Teddy Roosevelt was actually called Theodore you know, Ted Cruz is actually Rafael Edward Cruz)
None of this would put me off investing in any given company outside for crypto. Would you refuse to buy shares in a company with a CEO who was asian or a CFO who used an anglosized name? I assume not.