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by Clewza313 1867 days ago
Tether released a statement of assets. They said nothing at all about liabilities.
1 comments
tambourineman88 1866 days ago
No idea if this is worth the paper it is written on but Stuart Hoegner posted this on Twitter:

https://tether.to/wp-content/uploads/2021/04/tether-assuranc...

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DebtDeflation 1866 days ago
>"Our opinion is limited solely to the CRR and the corresponding consolidated total assets and consolidated total liabilities as of 31 March 2021"

IOW, "They have the total amount of CP, loans, and bonds they say they have. Whether or not the issuers of those IOUs is Bitfinex or some shell company connected to the owners of Tether we have no opinion on"

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user-the-name 1864 days ago
Tether has repeatedly lied about their reserves. There is zero reason to take any claim they make at face value.
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