Tether is being used on a massive scale by large scale drug traffickers, to the point where Tether is sold cheaper in Mexico due to its links to drugs, according to court records reviewed by 404 Media.
  • dingdongitsabear@lemmy.ml
    2·
    22 hours ago

    paywall.

    also, tether is a ponzi scheme on like five different levels and that’s before mexican cartels even begin to enter the picture. it’s propping up the buttcoin “economy” because the right kinda people got suitcases of money and it is allowed to print new tokens to their heart’s content.