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by sanxiyn
2926 days ago
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A positive interpretation is that Tether is solvent and wants to prove solvency but does not want to deal with non-solvency related audit issues. That's assuming some goodwill... If you don't assume goodwill, what you should conclude from this is anyone's guess. |
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https://www.coindesk.com/tether-confirms-relationship-audito...
This is somewhat reminiscent of Michael Cohen's "proof" that "[he has] never been to Prague in [his] life." (in his case, a picture of a cover of a US passport). It is not actually proof of anything useful, but does manage to help control the narrative in a specific way
https://twitter.com/MichaelCohen212/status/81899127768556748...