Bitfinex-hired Law Firm Validates Existence of Tether Reserves

Bitfinex-hired Law Firm Validates Existence of Tether Reserves
фото показано с : bitcoints.com

2018-6-23 00:44

On Wednesday, a law firm hired by Bitfinex regarding its USD-backed Tether token released a four-page report indicating that Bitfinex had assets in its bank account that accounted for and exceeded the supply of over 2.5 billion USDT.
The firm looked into Bitfinex’s bank accounts on a surprise date, June 1, to confirm that there were sufficient assets to cover the entire supply of Tether.
It does not suggest that Bitfinex had previously controlled a bank account that covered the Tether supply.
A major player like Bitfinex should have no issue affording a Big 4 accounting firm, or at least a mid-sized firm, so the decision to use a law firm has raised suspicions.
For what it’s worth, Bitfinex seems to have confidence in its solution as Tether continues to be issued in the face of criticisms and FUD.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Tether (USDT) на Currencies.ru

$ 1 (+0.02%)
Объем 24H $82.89b
Изменеия 24h: 0.01 %, 7d: 0.01 %
Cегодня L: $0.9997 - H: $1.0004
Капитализация $111.367b Rank 3
Доступно / Всего 111.364b USDT

bitfinex firm tether law bank billion usdt

bitfinex firm → Результатов: 5