What? The fact that the fraud is successful for some non-zero amount of time is not evidence that it's not a fraud. It just evidence that it's a successful one, which is precisely what's being alleged. Enron, WorldCom, et al worked until they didn't.

Add Wirecard to the pile too!

Tether Limited has never substantiated their claim of full-backing through a promised audit of their currency reserves.

"Trust me I'm fully backed, give me your money for tether" reeks powerfully of a scam to me.

I think the criticisms towards tether are fully substantiated given their lack of transparency.

If Tether is a scam, you're going to be hard pressed to find someone willing to sell 1:1. Like all things crypto, don't be the last one out the door.

You used to be able to withdraw goxusd 1:1 as well.