Gabor Gurbacs, director of digital assets strategy at VanEck, said on Twitter that "Tether is more transparent than most central and commercial banks." He said earlier, "I am tired of stupid scholars, hype media and ignorance. Lawyers have tarnished the hard work and structural innovations that Tether and Bitfinex have built. They have provided many cryptocurrency companies with services that other companies have failed to offer. Stop persecution and protect innovation!"