Re:Tether ordered to produce documents showing backing of US...
by kasey_junk on Wednesday September 21, 2022 @07:19PM
(#32932919)
The difference between what this transparency report provides and what a money market fund provides (cusip level detail on everything it holds) is not evidence it’s fabricating numbers but it’s certainly alarming.
If you had a fund that provided that report instead of their normal reports it would have investors headed for the hills (independent of the regulatory requirements).
If you had a fund that provided that report instead of their normal reports it would have investors headed for the hills (independent of the regulatory requirements).