7m USD more Tether's being minted with loaned money so that…
7m USD more Tether's being minted with loaned money so that the powers at BitFinex can support a dropping BTC price to keep the ponzi scheme alive. How long can this go on?
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Why two weeks? because it a court day (not sure how to say it). When the battle is in the lawyers field it can last for years
I believe the judge has authority to tell them to suspend their actions immediately. On the other hand if the judge throws out the case, they can continue printing at will....
About 2 weeks.
The rate of printing will have to increase soon or BTC is screwed.