Comment by thereddevil
8 days ago
A crypto security firm says that crypto is safer now and we are all supposed to believe it?
Also stablecoins like USDT which is supposed to be backed with USD but has never had an external auditor look at its books are somehow the solution here?
There is a reason crypto is looked at skeptically.
Why would a crypto security firm be incentivized to tell people there is LESS crime? They want to sell MORE services for hunting down criminals. They are the de facto FBI enforcement arm. If you don't believe them, check the FBI's official numbers:
https://www.fbi.gov/contact-us/field-offices/philadelphia/ne...
Tether has public audited reports from BDO Italia S.p.A, the fifth largest independent firm globally, which are made available directly on their website.
https://tether.to/en/transparency/?tab=reports
You can keep your skepticism, but it helps to update your beliefs on new information.