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Tethers lawyer Jason Weinstein claims that they produced forensic evidence showing that Tethers were fully backed every single day. That's strange. The CFTC said the exact opposite. How come Tether doesn't produce this forensic evidence for the public to see it, to end the FUD?

1,109,874 views • 3 years ago •via X (Twitter)

9 Comments

Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺's profile picture
Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺3 years ago

Tethers Lawyer: We paid an outside firm to produce forensic evidence showing that Tethers were fully backed all of the time and sent that to the CFTC. Crypto: Can we see it? Tether: No, we'd rather just endlessly go on cocaine benders & complain about FUD instead of ending FUD.

Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺's profile picture
Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺3 years ago

The New York Court, and Tethers other lawyers, also disagree with Jason Weinstein. They backed Tethers with volatile Bitcoins, instead of dollars. So who's telling the truth? The court: "There is no reserve." It's all commingled assets, just like the FTX fraud.

Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺's profile picture
Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺3 years ago

Tether lawyers literally can't stop lying.

ⓣⓗⓔ ⓚⓘⓝⓖ ⓣⓐⓡⓘⓠ's profile picture
ⓣⓗⓔ ⓚⓘⓝⓖ ⓣⓐⓡⓘⓠ3 years ago

TVSGJdPNkDSX5mS6cs94JboG8NV4okrSKs

Dochb's profile picture
Dochb3 years ago

Cause...they...can't.

FreeX's profile picture
FreeX3 years ago

Attorney General's Office admitted that they didn't find any evidence that Tether is doing wrong. Tether just misinform the public that not all the reserves are in dollar but actually cash and cash equivalent. After that they put the breakdown of the reserves in their website.

Shorter333🌍's profile picture
Shorter333🌍3 years ago

my bank aint fully backed either

Jason Bennick's profile picture
Jason Bennick3 years ago

House of cards. Many, many decks make up that house. Still, yet a house of cards.

j's profile picture
j3 years ago

They locked it away in Satoshi's Wallet.

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