http://www.forexlive.com/news/!/bitfinex-and-tether-said-to-be-subpoenaed-by-cftc-20180130

http://www.xoxohth.com/thread.php?thread_id=3852449&mc=34&forum_id=7

(http://www.autoadmit.com/thread.php?thread_id=3868519&forum_id=2#35277676)

the problem is the effect (short term ass rape) may be the same either way

(http://www.autoadmit.com/thread.php?thread_id=3868519&forum_id=2#35277767)

The same phenomenon is in play for you (up around $1 million) and the other crypto cultists here who are up big. You’d lose so much if the tether scam is exposed as a fraud (ETH was around $400 and BTC $4,500 when the fraud really started) that you’ll twist yourself into a pretzel clinging to alternate explanations.

This quote from the Bloomberg article says it all:

“A document on Tether’s website, compiled by accounting firm Friedman LLP, shows it had $443 million and 1,590 euros ($1,970) in bank accounts as of Sept. 15. Tether tokens were valued at $420 million that day, according to Coinmarketcap.com. Tether hasn’t identified the banks where that money was held, and their names were blacked out in the document.

Friedman said in its report that it didn’t investigate the reliability of Tether’s records. The accounting firm and Tether have recently cut ties, Tether said in a separate statement Monday.

“Given the excruciatingly detailed procedures Friedman was undertaking for the relatively simple balance sheet of Tether, it became clear that an audit would be unattainable in a reasonable timeframe,” Tether said.”

So, $443 million in September (if we assume Tether’s records were accurate, a BIG assumption) and now, just 4 months later, you really think they have $2.3 BILLION? Get real, though I know this will be impossible for you due to the Upton Sinclair quote.

(http://www.autoadmit.com/thread.php?thread_id=3868519&forum_id=2#35277819)