Weiss Cryptocurrency Ratings Issues Fresh Alert on Tether

in #news7 years ago

Controversial “stablecoin” Tether is under the gun again, as Weiss Ratings recently released a report detailing the red flags associated with the project.
According to the alert, the largest issue facing Tether is the lack of a completed audit that accounts for the assets in circulation. During December and January, over one billion new Tethers were issued which coincided with the incredible increase in price that bitcoin experienced.

img

Read More:
(https://www.ccn.com/tether-under-scrutiny-again-as-weiss-cryptocurrency-ratings-releases-latest-alert/)

Sort:  

Do you think Weiss ratings are good for crypto? Let the old guard go

Congratulations, you were selected for a random upvote! Follow @resteemy and upvote this post to increase your chance of being upvoted again!
Read more about @resteemy here.

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by steem block coin from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

Coin Marketplace

STEEM 0.18
TRX 0.15
JST 0.031
BTC 60007.44
ETH 2590.20
USDT 1.00
SBD 2.61