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If they're backed then they can prove it with an audit. Considering their last auditor told them to kick rocks, I'm highly skeptical.
by Forbo 6y ago
If they're backed then they can prove it with an audit. Considering their last auditor told them to kick rocks, I'm highly skeptical.
- FireBeyond 6y agoI thought it hilarious that 1) Bitfinex/Tether (when they were still pretending they were two completely unrelated entities, remember that?) thought that handing an auditor the front summary page of a bank account would be sufficient to 'verify holdings', and 2) when they told the public they had another audit done, but were unable to release it because it would be in Mandarin...