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According to [0] Tether has to file their first report today disclosing the composition of their reserves as a condition of their settlement. I haven't verified
by tfehring 5y ago
According to [0] Tether has to file their first report today disclosing the composition of their reserves as a condition of their settlement. I haven't verified that, but if true the sell-off could be driven by insiders and/or smart money.
[0] https://old.reddit.com/r/badeconomics/comments/nfv8vg/the_tether_ponzi_scheme/gynpsiw/ https://old.reddit.com/r/badeconomics/comments/nfv8vg/the_te...
- Clewza313 5y agoTether has already admitted that their reserves consist of under 3% cash.