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Do you want Tether to be audited and regulated like the fractional reserves of a bank? I'd sure find it entertaining while it lasts. This is also moving the go
by rspeer 9y ago
Do you want Tether to be audited and regulated like the fractional reserves of a bank? I'd sure find it entertaining while it lasts.
This is also moving the goalposts, because they claim that Tether is fully backed, not fractionally. Changing their story there would involve admitting to a billion-plus-dollar fraud.
- Feniks 9y agoFully backed, has anyone been able to independently audit their reserves?
- dingo_bat 9y agoThey've said an audit is coming for months now.
- adbachman 9y agoThe auditing firm they hired to do that audit last year just (in the last two weeks) erased all trace of the relationship from their website. No audit is expected at this point, we're getting close to the "exit" phase of the scam.