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by JumpCrisscross 608 days ago
> Howard Lutnick, CEO of Cantor Fitzgeral, one of the largest investment bank and a public company, has stated that Cantor Fitzgeral manages Tether’s money and indeed the money is all there and invested in US treasury bonds

Source? I'm seeing Fitzgerald say "Cantor Fitzgerald manages 'many many' of" Tether's assets (not all) and that he can vouch for their balance sheet [1]. But not that Cantor manages all of its assets nor that it's all in Treasuries.

[1] https://www.bloomberg.com/news/articles/2024-01-16/tether-s-...

1 comments

The most comprehensive and forceful statements are in this video: https://youtu.be/IjR3Hj0aRW4?si=s2D0wjQOIS5uiFKh
8:45