There's an amazingly hilarious interview with the Deltec's "Deputy CEO" and CNBC back in the day:

- was conducted from his gaming rig

- about Deltec's (and therefore Tether's) money movements being several times larger than all the banking in their country was due to people misunderstanding the country's two banking licenses, the names of which HE "couldn't remember right now" (the Deputy CEO of a bank who can't remember the name of the banking licenses where they operate?!?), and he "wasn't sure which [banking license] the bank has, but we might (emphasis mine) have both"

- oh yeah, said Deputy CEO's "resume": 33 years old, by his LinkedIn claimed to have graduated HEC Lausanne in Switzerland with a Master of Science at the age of 15... celebrating his graduation by immediately being named Professor of Finance at a university in Lebanon. While dividing his spare time between running hedge funds in Switzerland (called Indepedance [sic] Weath [sic] Management) and uhh... Jacksonville, FL.

Once CNBC's viewers started ridiculing and questioning both Deltec Bank and Tether and when that looked hilariously bad, they removed his info from the bank's website.

And when that looked bad, they added it back.

And when that looked bad, they removed the bank's whole website, and replaced it with a broken WP template with no working links.

Hey, look, several years after that, go to Deltec's website. "Ultra sophisticated private banking" running on a different WordPress site. "Client login"? "This site can’t be reached Check if there is a typo in ebanking.deltecbank.com. DNS_PROBE_FINISHED_NXDOMAIN". Just as has been the case for years.

... and then the entire bank website was replaced with a low-effort WordPress template. Their online banking was Javascript hard coded to refuse all login attempts.

"Sounds legit to me", said the crypto bros. "Fuck the regulatory system. This is the new era."

Binance-hacker-1029 – $5.6B stolen from Binance