I intend to do a post on Tether when I have a good amount of time because 99.9% of people do not understand how it works, why it works and most importantly why this audit hysteria is of zero concern. If and when you truly understand Tether, you will think its the most brilliant concept that you wish you thought of. I am not sure when I will break it down by you can follow me @alakazam. If you are truly concerned I highly recommend you ignore the FUD and read the white paper 3 times. I've been in this game a long time and not much impresses me, but Tether is beyond brilliant. So brilliant 99.9% of people can't understand it. Furthermore, CFTC served Bitfinex with a subpoena with regards to USDT ( 12/2017) and Tether is still around so I am pretty sure all is good in the hood.
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