No, all we know is they pushed a button to destroy $9B of Tether, just as they were "printed" in the first place. It says nothing about the transactions behind.

No, all we know is they pushed a button to destroy $9B of Tether, just as they were "printed" in the first place. It says nothing about the transactions behind. From their infamous pie chart their cash reserves are very small (corroborated by Cayman Islands banking stats). It's way more probable they agreed to do it with exchanges to adjust for current customers balances, than Tether the microscopic company transferring real billions of dollars overnight from Cayman Islands through the banking system.