Re:Anyone Seen Tether’s Billions?
by graeme on Friday October 08, 2021 @09:05PM
(#28806065)
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.
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.