Crypto.com Will Delist Tether in Canada

Re:Crypto.com Will Delist Tether in Canada by raverbashing on Tuesday January 10, 2023 @10:42PM (#34334768)

I'm sure FTX looked great on paper before it all blew up

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Re:Crypto.com Will Delist Tether in Canada by nl on Wednesday January 11, 2023 @01:20AM (#34335636)

I'm not defending them.

But I am noting they do have 3rd-party attestations (NOT audits!) which is the same as what Circle does with USDC.

FTX used their FTT token to prop up their balance sheet. This attestations says USDT isn't like that.

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Re:Crypto.com Will Delist Tether in Canada by lmm on Wednesday January 11, 2023 @01:23AM (#34335657)

As a matter of historical fact it didn't. Their balance sheet was an excel sheet with random entries like "fiat@: $8B".

(I don't trust any entities in the crypto space, but just for the record)

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