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Tether claimed their excess reserves were $160 million. So the fine is a quarter of that.
by graeme 5y ago
Tether claimed their excess reserves were $160 million. So the fine is a quarter of that.
- VHRanger 5y agoTether has claimed their excess reserves is almost exactly $160m for more than a year. Two ways to confirm: - Go look at the wayback machine on their transparency page - Look at the difference in their attestations This implies they loot the interest rate yield on their reserves