The crypto industry has long been a popular target for skeptics due to a number of high profile blowups, frauds, and scams. The history of bad actors in crypto is unfortunately much longer than we would hope it would be.

Despite the intense focus that skeptics and critics have on the industry, it is surprising how many of the actual bad actors, frauds, and unsustainable investment schemes flew completely under their radar. Tether has been a popular target for many of these skeptics, journalists, and even mainstream media outlets for years.

Given this, a fair question to ask is: How many of Tether's entrenched critics warned about FTX, Alameda, BlockFi, Genesis, Celsius, 3AC, or Terra, just to mention a few? Surely individuals and entities that are focused on rooting out bad actors and protecting investors would have also at least investigated these entities with the same energy they spend combing over every detail of Tether's operations?