[Wayne 962]

The first post in this thread was indeed specific on it's thoughts on this topic - that Tether was a digital ponzi scheme that had little or no reserves, and that it was being used along with leverage to inflate the value of other assets, namely Bitcoin. Bottom line, I believe that if one is a legit company that wants people to trust it, then one should release copious amounts of information detailing the assets, where they are, and will have a top-rate accounting / auditing firm come in and verify. That has not happened here, and in my opinion, the clues that have been discovered so far seem to point to very suspect activity.

-Wayne