the "audit" is that someone called "Craig Sellars" assures the sheep that Tethers are backed by USD at the North American Blockchain conference. He didn't provice any piece of paper as proof.
You don't seem to understand the concept of proof.
I will ask you again how does that PROVE that Tether is a scam?
They are printing fake money, therefore manipulating the market. When someone sell BTC to USDT they keep their value in USD but nobody is up fronting the money.
They claim that every USDTs are backed by real $.
If that’s the case, it may be alright. But there’s NO proof of that and they “print”
BILLIONS of new USDTs every time they are needed (aka when there’s a crash) manipulating the market by buying tokens at the current $ values.
They have to provide the proof of the USD reserve. Until now, they printed MORE than
2 billions USDT. They must have these money in bank accounts.
What bank accounts when Wells Fargo banned them and they opened a new public bank account 2-3 months ago?
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any other bullshit?
