Comment by lizknope
3 years ago
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?
???
There is no audit. That's why they produced that bullshit attestation.
Tether has been saying they would produce an audit since July 2021, that's a year ago!
https://www.cnbc.com/2022/05/17/tether-usdt-redemptions-fuel...
This is long but fascinating. Tether is a scam, it just hasn't fallen apart yet.
https://crypto-anonymous-2021.medium.com/the-bit-short-insid...
They have never been audited. They only ever published attentions.