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RE: RED ALERT - Mt. Gox 2.0 Brewing - Bitfinex May Be Issuing Unbacked Tether To Paper Over Banking Service Loss - What We Think We Know (Part 1)
I agree with you. Even though they are not redeemable, and may be legally "just" in their jurisdiction (which, iirc, is some money-laundering island like the Caymans) people should be exhibiting extra caution at these ATHs, especially given the lagging fundamentals of BTC.