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.
Tether (USDT) íà Currencies.ru
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