[ceejayoz]

"The above confirmation of bank and tether balances should not be construed as the results of an audit."

Hey, look, another memo misleadingly posted as if it were an actual audit. Completed audit count: still ZERO, despite fraudulent claims on the website claiming "frequent professional audits".

One of the issues the previous Friedman LLP memo (also misleadingly posted as if it were an audit, which many fell for) raised was that Tether might not actually control the funds in their bank accounts - i.e. that Bitfinex might be parking customer deposits in Tether's account to make it look legit. Looks like that is still unresolved here.

[jacobush]

Bitfinex would never! They are totally legit and have a healthy but separate relation to Tether, in no way shape or form colluding with each other.