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A comment on 66% of all Tether (USDT) have been printed in the last 6 months. Parent comment

Re:66% of all Tether (USDT) have been printed in the last 6 ... by ur-whale on Sunday February 21, 2021 @11:32AM (#26214742)
>Tldr; Tether gets printed whenever Bitcoin demand goes up and that's in their whitepaper.

The theory is sound, but the experimental verification of the theory (an actual audit of USD reserves) is sorely lacking.

Plus, if you really dig into the history of the folks involved with Tether, I mean, I'm generally no fan of ad-hominems and generally willing to give people the benefit of the doubt, but in this case, the reek of fraud is overpowering [1]

[1] https://nicolaborzi.medium.com/the-lawless-rollercoaster-of-...

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Re:66% of all Tether (USDT) have been printed in the last 6 ... by arisAlexis on Sunday February 21, 2021 @11:46AM (#26214895)
did you google the article that says how they submitted papers to NY attorney that they are fully backed?
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Re:66% of all Tether (USDT) have been printed in the last 6 ... by ur-whale on Sunday February 21, 2021 @01:59PM (#26216090)
>did you google the article that says how they submitted papers to NY attorney that they are fully backed?

Nope, haven't.

If so, I'd expect this to have hit most of the media channels dedicated to crypto (some of which I am sub'd to).

Not a peep.

Link?

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