did you ever see an audit from tether assets?
No?
Did you know how to put Real money into Tether over the Tether LDT?
Also No?
Exactly that's the problem with tether.
They use their own exchange as collateral ( Bitmex).
And that is itself a ponzi.
Tether was more closely associated with bitfinex than bitmex, but maybe has some affilation with bitmex too (not sure).
my mistake! It was bitfinex.
Tether uses Bitfinex for the distribution. And tether minting is for institutions and OTC deals, not for normies. If tether is a ponzi, it is a way smaller ponzi than the FED,ECB,BOE and BOJ, so its fine for me at this point.
Posted via D.Buzz