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A comment on Battered Crypto Hedge Fund Three Arrows Capital Considers Asset Sales, Bailout. Parent comment

Re:Battered Crypto Hedge Fund Three Arrows Capital Considers... by lizknope on Friday June 17, 2022 @02:11PM (#31782085)
Your link is to an attestation, not an audit, and it was performed by a company in the Cayman Islands that changed its name and is still under investigation by the United Kingdom government

https://www.coindesk.com/markets/2022/01/26/tethers-new-acco...

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Re:Battered Crypto Hedge Fund Three Arrows Capital Considers... by mccorrinall on Friday June 17, 2022 @03:05PM (#31782840)
It is, but it still shows that tether invested multiple billions in digital assets and other bullcrap. I hope those were not margin loans for leveraged positions.
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Re:Battered Crypto Hedge Fund Three Arrows Capital Considers... by sgt101 on Friday June 17, 2022 @02:16PM (#31782162)
Hopefully you can link to Tether's audit?

???

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Re:Battered Crypto Hedge Fund Three Arrows Capital Considers... by lizknope on Friday June 17, 2022 @02:24PM (#31782293)
There is no audit. That's why they produced that bullshit attestation.

Tether has been saying they would produce an audit since July 2021, that's a year ago!

https://www.cnbc.com/2022/05/17/tether-usdt-redemptions-fuel...

This is long but fascinating. Tether is a scam, it just hasn't fallen apart yet.

https://crypto-anonymous-2021.medium.com/the-bit-short-insid...

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Re:Battered Crypto Hedge Fund Three Arrows Capital Considers... by dgellow on Friday June 17, 2022 @02:29PM (#31782363)
They have never been audited. They only ever published attentions.
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