Episode notes
“We don’t believe in suing our critics into silence… we think it’s better to counter fiction with facts.”
— Stuart Hoegner
Location: Remotely
Date: Wednesday 6th January
Company: Bitfinex
Role: CTO & General Counsel
There have been claims that Tether has manipulated the Bitcoin price. Still, JL van der Velde, CEO of both Bitfinex and Tether, denied the allegations stating "Bitfinex nor Tether is, or has ever, engaged in any sort of market or price manipulation. Tether issuances cannot be used to prop up the price of bitcoin or any other coin/token on Bitfinex."
As well as market manipulation there have been calls for a full audit of the Tether reserves amidst claims that the stablecoin is not fully reserved.
In this interview, I talk to Paolo Ardoino & Stuart Hoegner the CTO & General Counsel at Bitfinex. We discuss Tether FUD, the claims of not being fully backed and price manipulation.
This episode’s sponsors:
Kraken - The best place to buy, sell & trade Bitcoin
BlockFi - The future of Bitcoin financial services
Sportsbet.io - Online sportsbook & casino that accepts Bitcoin
Casa - The leading provider of Bitcoin multisig key security.
Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.
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