Justin Bons claims Tether is a bigger scam than FTX and Bernie Madoff, criticizing its lack of transparency over $118 billion reserves and absence of independent audits.
Justin Bons accuses Tether of being the largest fraud in cryptocurrency history, surpassing FTX and Bernie Madoff.
Cyber Capital founder Justin Bons labeled Tether as the largest fraud in crypto history, surpassing FTX and Bernie Madoff scandals. He highlighted Tether’s lack of transparency and proper audits.
Serious allegations of fraudulent activities have been made against Joseph Lubin, co-founder of Ethereum and founder of ConsenSys. The group 'TruthLabs' likens him to Bernie Madoff, claiming to possess irrefutable evidence of fraudulent transactions.