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RE: Why Tether’s latest statement about its auditor is complete BS
Yes, strange activites indeed. This is nothing new, a quick google search brings back articles raising red flags almost a year ago. If tether were to bankrupt, wouldnt that bring bring down bitfinex as well because they have the same ownership. Given the trade volumes on bitfinex, they occupy a pretty big chunk of the USD pairs and that could be very damaging. Thanks for the informative breakdown