News for hackers. Stuff that matters.
Re:Bitcoin Halving Just Occured by FireBeyond on Monday May 11, 2020 @10:54PM (#23150113)
> "We are aware of online discussions about Tether’s lack of publicly-available audits. Periodic audits of our bank balances have been performed by the Taiwan-based auditing firm TOPSUN CPAs & Co. The results of those audits were for the benefit of shareholders and were not in a form suitable for public consumption (to begin with, they were in Mandarin)"

Note that they never said the audit _agreed with_ the numbers listed on the website/exchanges.

Also note that the shareholders of Tether are Bitfinex, who, in addition to being an exchange is... Tether.

Re:Bitcoin Halving Just Occured by arcticbull on Monday May 11, 2020 @11:08PM (#23150191)
I didn't even catch that. That's amazing. I was too focused on the fact they couldn't find someone who could read Mandarin and write English lol
Re:Bitcoin Halving Just Occured by FireBeyond on Monday May 11, 2020 @11:22PM (#23150289)
I can well imagine that an audit that concreted the discrepancy would be, from Tether's perspective, the very essence of "not fit for public consumption"!