If this crash is real and not just another orchestrated dump and pump to liquidate people, then chances are some whales know something that is not yet public.

Either Bitfinex does the largest artificial super-spoofy-wash-trade-paint pump ever, or we're going to see cascading margin long liquidations. Longs nearly all time highs.

By TrueUSD allowing Tether exchanges to use their non-MSB registered 'USD' tokens, they taint their funds with laundered Tethers... and it has never been proven that the funds for Tether exist to back the Tethers.

If TrueUSD was a legitimate operation there is no way in hell they would tolerate an exchange listing or using it that is using Tether at the same time.

And... they'd have an MSB.

These 'clever workarounds' need to stop because they will blow up with people losing their money.

Bittrex facilitated millions of dollars to Tether. Bittrex claimed they were going to get 'fiat' banking, they then implemented TUSD... another 'dollar' crypto-pegged token that doesn't think they need a money service business license.

Money laundering Tether into TUSD. Now active on Bittrex!

Bitfinex announces JPY fiat pairs... but no Japanese license or what bank they partnered with. Seems like more money laundering to me.

Tether may be some sort of compression algorithm. It expands 2 Billion to 800 Billion, but can also compress it back to 2 Billion.