4 ms·

Why would you assume their assets are worth more than their liabilities

• charcircuit 3y ago
  Tether publishes the totals daily. $94,120,164,388.60 > $90,912,507,793.55 https://tether.to/en/transparency/ https://tether.to/en/transparency/
  • aceofspades19 3y ago
    Yeah but I can also make a webpage saying I have $10 billion dollars, doesn't mean its a true statement. If it was at least a 3rd party that was auditing it, I would put more stake in it.
  • deleted 3y ago
    [deleted]
  • zik 3y ago
    The numbers Tether produces don't really make sense. They're widely assumed to be massively fraudulent - although we can't prove this without being able to audit them. And of course their keep pushing back on attempts to do so [1], which pretty much confirms the assumption. [1] https://blockworks.co/news/tether-pushes-back-timeline-on-audit-report https://blockworks.co/news/tether-pushes-back-timeline-on-au...