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If I squint, I can understand the value of a non-audit-audit in some circumstances. But I don't understand the value of it in this circumstance, except for the
by woodruffw 4y ago
If I squint, I can understand the value of a non-audit-audit in some circumstances. But I don't understand the value of it in this circumstance, except for the value in obscuring one's finances behind a "serious" auditor's letterhead.
Put another way: the context is anxious investors. Is this intended to assuage them, or is it intended to dupe them?
- WastingMyTime89 4y agoNot necessarily. It might simply be because they wanted to publish something now and not in a couple of months.
- ceejayoz 4y agoThat’s Tether’s old line. News articles about “just a few more months” date back at least five years. https://www.pymnts.com/cryptocurrency/2022/tether-audit-promised-for-5-years-still-months-away-cto-says/ https://www.pymnts.com/cryptocurrency/2022/tether-audit-prom...
- vkou 4y ago"We want to get this not-an-audit out the door now, instead of waiting for a few months" has been their line for years.