2018-6-21 01:18 |
This reportedly confirms that all Tethers were sufficiently backed by USD as of June 1, 2018.
Van der Velde said, “We’re glad to have independent verification of this to answer some of the questions posed by the public.
We are by no means done with our efforts to promote increased transparency at Tether.
It alleges bitcoin’s spike to $20,000 in December 2017 was the result of price manipulation orchestrated by Tether.
It was later pointed out that the document did not constitute a full audit, and Tether had ended its relationship with Friedman LLP before this could occur.
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