The Government is Taking Action on Bitfinex, Who's Next?
Bitfinex is being accused of misappropriating $850 million worth of clients’ assets collected through USDT. Unlike banks, which would typically cooperate with the government after being charged, the company fought back. Moreover, it released the most definite statement possible and described the US government was acting like the mafia. It even threatened the crypto community that if it were taken down by the government, the price of Bitcoin would go up to $1,000.