Tether (USDT) is a cryptocurrency pegged to the US dollar and is often used as a stablecoin. A network of companies around Tether Holdings Ltd and Tether Limited operates the scheme. The ownership structure has been the subject of significant speculation and controversy. Online gaming entrepreneur Brock Pierce and Italian plastic surgeon Giancarlo Devasini established Tether Holdings in 2014 in the British Virgin Islands. The Tether scheme is closely intertwined with crypto exchange BitFinex.
Exploding crypto prices have made many consumers greedy. In their home offices, they often have enough time to fall over scam ads and engage in online trading. The high vulnerability of home office workers to scams is now well known. Law enforcement, regulators, and the scammers. With CryptofundFX (www.cryptofundfx.com), an aggressive crypto scam has been on the market for some time now and defrauds investors. The Austrian FMA issued an investor warning a few days ago.