Re:Anyone Seen Tether’s Billions?
by jvilleBrat on Friday October 08, 2021 @03:46PM
(#28803359)
Why are they downvoting you? The article mentions that they do claim to own a lot of Chinese paper
[ Parent
| on HN ]
Not just that. The reporter saw their statement listing ownership.
They value their paper “at redemption value” which is a loophole so big they don’t need to lie. They can hold $10 billion worth of paper and value it at $30 billion.