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Full disclosure I'm totally not versed in crypto at all, but I do recall reading something on HN a while ago that teather is audited but one of the big 5 audito
by neom 5y ago
Full disclosure I'm totally not versed in crypto at all, but I do recall reading something on HN a while ago that teather is audited but one of the big 5 auditors (not that it means much, look at 1MDB etc)?
- michaelt 5y agoTether is pretty notorious for not being audited. And for repeatedly having auditors look at their accounts then run for the hills.
- agsnu 5y agohttps://www.bloomberg.com/news/features/2021-10-07/crypto-mystery-where-s-the-69-billion-backing-the-stablecoin-tether https://www.bloomberg.com/news/features/2021-10-07/crypto-my... https://www.theverge.com/2021/10/15/22728253/tether-41-million-misleading-statements-fiat-currency-bitfinex-cftc https://www.theverge.com/2021/10/15/22728253/tether-41-milli...