No, they had an audit, "really truly". And a full audit. But they could not release it. Because it was in Mandarin! You can't make this shit up if you tried.

No, they had an audit, "really truly". And a full audit. But they could not release it. Because it was in Mandarin! You can't make this shit up if you tried. The interview with a Deltec VP after all that also revealed that Deltec is heavily intertwined. He said "we know they're fully backed because we can see the issuance of Tethers in the internal systems and the corresponding deposits". Like, interesting, your bank has insights into your internal systems? Curious.