The challenge in accounting for Tether reserves
Due to Tether remaining as opaque as possible, assessing its reserves can only be done by someone with full access to its books.
Due to Tether remaining as opaque as possible, assessing its reserves can only be done by someone with full access to its books.
Tether has repeatedly promised complete transparency and to get itself audited. Neither of these things has happened but does anybody care?
Situated in the middle of nowhere, small-time Farmington State Bank was taken over by Sam Bankman-Fried in March. Here’s what we know.
Sam Bankman-Fried founded FTX the same day that Tether’s crypto exchange launched a billion-dollar fundraise.
According to a new investigation, Sam Bankman-Fried, FTX, Alameda Research, and Tether are all closely tied to bankrupt crypto lender Celsius.