Hacker News new | ask | show | jobs
by mcintyre1994 2822 days ago
Have Tether ever even provided evidence they have dollar backing like they claim? I remember they hadn't in the pump last December and I stopped paying attention after that inevitable pop, so maybe they did at some point. Otherwise though, it seems pretty irrelevant whether the bank that doesn't have the money they claim it does has other unrelated money.
2 comments

They've provided "evidence" but there are always plenty of holes, like not naming what banks they use. If anyone wants to indulge some morbid curiosity, the latest "not an audit" was https://tether.to/wp-content/uploads/2018/06/FSS1JUN18-Accou...
No. They said that they would provide it to a journalist, but only under an all-encompassing NDA, that would forbid any mention of the institution(s) or any balance(s), or any identifying details.