Tether's Misleading New "Audit" By A Law Firm- WHAT?! / Bitthumb Hack / Amsterdam's Crypto ATMs
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*Nothing I state, share, express, or allude to should be considered professional advice or recommendations of action. This channel is intended for educational and entertainment purposes only. All content contained within is all just my own opinion and experience. Consult a professional (or two...or more) for any tax, accounting or legal related questions you may have.
It is amazing how the exchanges continue to be hacked this way. Given the amount of money they have made over the last year, they should be able to invest into security in order to try to prevent these attacks in the future.
Getting rid if the leftover change might not be what we need for the bull run but is what will introduce thousands of people every week to Bitcoin - I think, in that lies the power of this idea.
Also, USDT = hot potatoes
Given the better alternatives to Tether like Maker and TrueUSD, I would not use the instrument because of all this uncertainty as there are too many inconsistencies and lack of transparency on a timely basis here. In spanish there is a saying that says, when you hear the river, water is coming... So I would be careful just in case. Not to add to the FUD but remember that in most jurisdictions lawyers cannot disclose criminal or fraudulent activities due to a concept called Attorney/Client Privilege that accountants do not necessarily abide by as they do not have similar rules. That could be the reason they used a law firm instead but that is just me thinking, not knowing what is really going on.
Great info yet again Omar...Looks like tether have something to hide- clever moves but we can still see through all that cover-up that just makes no sense. I worked in accounting and auditing before so I truly get it :)
I wish Tether would just be dissolved it is doing nothing good. The best way to do that? Stop using exchanges that use that garbage
Nice update as always @crypt0 !
Talking about problems we all face, can you check my last post " Open letter to @Ned" ? He is powering down half of his stake without saying A word about it...
https://steemit.com/steem/@pablob/open-letter-to-ned-who-is-going-to-power-down-half-of-his-stake
@bible.com
Brother you got some great knowledge about cryptocurrency keep it up 🙏🙏
Sometimes Crypt0 makes it look like nothing is good enough for him to report; if Tether didn’t have the money, he would’ve been negative about it. Now that Tether showed that they have the money, he’s still negative and doubtful about it.
Nothing is good enough for Omar lol 😆
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