Your link is to an attestation, not an audit, and it was performed by a company in the Cayman Islands that changed its name and is still under investigation by the United Kingdom government
It is, but it still shows that tether invested multiple billions in digital assets and other bullcrap. I hope those were not margin loans for leveraged positions.
Yep the Tether Papers from Protos. [1] On-chain analysis which accounts for 70% of all Tether issuances.
[1] https://protos.com/tether-papers-crypto-stablecoin-usdt-inve...
https://assets.ctfassets.net/vyse88cgwfbl/1np5dpcwuHrWJ4AgUg...
The points you're looking for:
> Secured Loans (none to affiliated entities) $3,149,732,368
> Other Investments (including digital tokens) $4,959,634,446
Your link is to an attestation, not an audit, and it was performed by a company in the Cayman Islands that changed its name and is still under investigation by the United Kingdom government
https://www.coindesk.com/markets/2022/01/26/tethers-new-acco...
It is, but it still shows that tether invested multiple billions in digital assets and other bullcrap. I hope those were not margin loans for leveraged positions.
Hopefully you can link to Tether's audit?
???
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