Cracking down on fraud
$3,000,000 Tether Bounty
The cryptocurrency markets have grown significantly over the last few years. Many attribute this growth to the rising fears of inflation and the overall instability within the traditional financial markets. While that may be partially true, a mysterious Chinese-stable coin named Tether has been at the forefront of Bitcoin’s highly manipulated growth.
Today we’re announcing the ‘Tether Bounty Program‘, which will reward individuals or firms with up to $3,000,000 for information surrounding the dubious backings of Tether.
To date, Tether has refused to complete any audits, or provide any real transparency for their backings. They claim to be backed 1:1 with the U.S dollar, although multiple regulators have confirmed this to be not true. We strongly believe that Tether is currently the largest fraud in history, and our goal is to provide answers to the crypto community.
Tether is the single largest systemic risk for crypto. With this bounty program, we aim to provide the transparency that Tether’s criminal executives so desperately refuse.
Tether Bounty Program: Who’s Eligible?
You ARE eligible to participate in this bounty program if you meet all of the following criteria:
- You are 18 years of age or older or have reached the age of majority in your country; and
- You are either an individual researcher participating in your own individual capacity, or you work for an organization that permits you to participate. You are responsible for reviewing your employer’s rules for participating in this Program.
You ARE NOT eligible to participate if you meet any of the following criteria:
- You are a resident of any countries under U.S. sanctions (see link for current sanctions list posted by the United States Treasury Department) or any other country that does not allow participation in this type of program;
- You are under the age of 18 or have not reached the age of majority in your country.
- Your organization does not allow you to participate in these types of programs;
It is your responsibility to comply with any policies that your employer may have that would affect your eligibility to participate. All payments will be made in compliance with local laws, regulations, and ethics rules. There may be additional restrictions on your ability to enter depending upon your local law, which you are responsible for abiding by.