"FUD" = Fear, Uncertainty, Doubt. That does not imply that spawning FUD means it is some sort of unfounded gossip. Customers should be fearful, uncertain, and d

"FUD" = Fear, Uncertainty, Doubt. That does not imply that spawning FUD means it is some sort of unfounded gossip. Customers should be fearful, uncertain, and doubtful of a completely unregulated company that acts as a bank of sorts with no proof that it has any of the reserves it claims. So yes it is FUD. In this case it is good FUD. And in this case Bitfinex can easily quell it, but chooses not to which doesn't bode well for them. Could tether be perfectly legit backed by solid reserves? Yes. But this must be verified.