id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
www-kalzumeus-com-124		Tether: The Story So Far | Kalzumeus Software			.html	text/html	6554	407	66	While they promised their customers that Tether was backed by "traditional currency held in our reserves", their reserves were actually accounting fictions; receivables from money launderers like Crypto Capital Corp, receivables from related parties such as Bitfinex, and cryptocurrencies. Tether purported in a recent court filing to be shocked, shocked that their money launderer might have lied to them about the ownership structure of the shell corporations they directed customers towards; Crypto Capital was only supported to lie to the banks. When a customer would want to deposit money with Bitfinex, they would contact Crypto Capital Corp, who would give them the name, account number, and bank of a shell corporation (with names like "Global Trade Solutions A.G."), with instructions to wire the shell corporation money with a lie designed to not rouse suspicion from their banks.	./cache/www-kalzumeus-com-124.html	./txt/www-kalzumeus-com-124.txt