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Re:Tether Fined $41M for Lying About Reserves by tehlike on Friday October 15, 2021 @08:50PM (#28884706)
No auditor audited tether.

Tether got few attestations from an unknown company a few times, but they have also been caught red handed by NYAG for moving funds a day before attestation snapshot is taken, and moved it the day after.

For the uninitiated, attestation verifies a single point in time, so it's easy to game it. And this is something tether has done.

Re:Tether Fined $41M for Lying About Reserves by norswap on Sunday October 17, 2021 @05:57PM (#28900166)
It might indeed have been such an attestation.