One would assume so. Interesting to see the price rise in advance of the announc... | Hacker News

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		null_shift on Oct 15, 2021 \| parent \| context \| favorite \| on: CFTC Orders Tether and Bitfinex to Pay Fines Total... One would assume so. Interesting to see the price rise in advance of the announcement. Maybe this punishment was seen as less severe than it could have been?

c-fe on Oct 15, 2021 | [–]

I think the price rise in advance of the annoucement may have more to do with the approval of bitcoin ETFs, there are some news about that..

davidgerard on Oct 15, 2021 | [–]

The price rise was a Tether-fueled pump. Someone poured $1b of stablecoins into a single purchase to pump the price.

spywaregorilla on Oct 15, 2021 | [–]

You mean someone gave 1 billion of tether to buy bitcoin?

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