When the executives of Bitfinex also run their own "stable" coin that's a recipe for disaster. Basically the federal reserve of crypto. It was supposed to be backed 1:1 to USD. Probably why they aren't complying with the SEC. They don't have the funds to match the amount they created in tokens. The Bitfinex/USDT executives are probably basking in the glow of hookers and cocaine.
RE: Good News, Ethereum Is Not a Security Nor Is Bitcoin. Markets React Positively