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Crypto critic claims EOS & Tether have same founders
Bitfinex’ed, a vocal crypto critic, recently made some controversial claims. Bitfinex'ed tweeted that EOS conducted its initial coin offering (ICO) to bail out Tether, adding that EOS and USDT have the same founders.Earlier this year, concerns were raised over the fact that Tether and crypto exchange Bitfinex have the same founders. The latest claim by Bitfinex’ed would mean that EOS and Block.one are all tied to the alleged Tether scam. Surprisingly, these claims surfaced amid the news of certain executives leaving Block.one. The news came as a shock to many as Block.one completed $4 billion ICO just recently - the largest crowdfunding event involving the sale of a new cryptocurrency. $1 billion out of the $4 billion raised was reserved for the development of EOS. The news of the departure of the executives was quickly countered with criticism from the crypto community. One of the critics wrote on Twitter, “They raised $4 billion dollars, put out a shit open source protocol and then all the execs left 1 month after main net launch to start another company that is now in stealth.” This post was then retweeted by Bitfinex’ed, who claimed that there was a major connection between the cryptocurrency companies, and added that EOS had conducted its crowdsale just to bail USDT out. However, it is important to note that no connection between EOS and Tether has been established yet. The only thing that’s confirmed is a clear connection between Bitfinex and Tether. See also: Study on the ‘impact of Tether (USDT) grants on Bitcoin’ finds “no evidence” of price manipulation Digifinex ousts Tether [USDT], lists TrueUSD [TUSD] Image via Shutterstock Join our telegram groupEos needed the money to bail out Tether. That’s why the FSS report was done just as the Eos ICO ended. Both Eos and Tether same founders. https://t.co/FlCDe1Ft5H
— Bitfinex'ed (@Bitfinexed) September 25, 2018