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is my understanding of TETHERS correct?

bitfinex creates tethers out of thin air, sells them for coi...
Bull Headed Faggotry Temple
  01/17/18
BEEEEEEETCONNEEEEEEEEEEEEEECTT
bat shit crazy public bath multi-billionaire
  01/17/18
they printed 100 million dollars worth of tethers today, 50 ...
Bull Headed Faggotry Temple
  01/17/18
Tether poised to hit 2 dollars
bat shit crazy public bath multi-billionaire
  01/17/18
...
glassy bawdyhouse
  01/18/18
https://twitter.com/TetheralReserve/status/95348297682588876...
Bull Headed Faggotry Temple
  01/17/18
...
bat shit crazy public bath multi-billionaire
  01/17/18
https://twitter.com/TetheralReserve/status/95296249104214835...
Bull Headed Faggotry Temple
  01/17/18


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Date: January 17th, 2018 7:23 PM
Author: Bull Headed Faggotry Temple

bitfinex creates tethers out of thin air, sells them for coins on their own exchange, which ends up pumping other exchanges. tethers can't in practice be withdrawn, creators say it is auditable but refuse to allow an audit, and threaten to sue anyone who questions its legitimacy ?

if this is true, under what circumstances would this fraud be exposed?

(http://www.autoadmit.com/thread.php?thread_id=3863133&forum_id=7",#35179098)



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Date: January 17th, 2018 7:25 PM
Author: bat shit crazy public bath multi-billionaire

BEEEEEEETCONNEEEEEEEEEEEEEECTT

(http://www.autoadmit.com/thread.php?thread_id=3863133&forum_id=7",#35179109)



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Date: January 17th, 2018 7:25 PM
Author: Bull Headed Faggotry Temple

they printed 100 million dollars worth of tethers today, 50 mil yesterday, and a lot immediately before that trying to keep this fraud pumping

(http://www.autoadmit.com/thread.php?thread_id=3863133&forum_id=7",#35179121)



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Date: January 17th, 2018 7:29 PM
Author: bat shit crazy public bath multi-billionaire

Tether poised to hit 2 dollars

(http://www.autoadmit.com/thread.php?thread_id=3863133&forum_id=7",#35179152)



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Date: January 18th, 2018 1:37 AM
Author: glassy bawdyhouse



(http://www.autoadmit.com/thread.php?thread_id=3863133&forum_id=7",#35181403)



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Date: January 17th, 2018 7:35 PM
Author: Bull Headed Faggotry Temple

https://twitter.com/TetheralReserve/status/953482976825888769

(http://www.autoadmit.com/thread.php?thread_id=3863133&forum_id=7",#35179186)



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Date: January 17th, 2018 7:38 PM
Author: bat shit crazy public bath multi-billionaire



(http://www.autoadmit.com/thread.php?thread_id=3863133&forum_id=7",#35179197)



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Date: January 17th, 2018 7:36 PM
Author: Bull Headed Faggotry Temple

https://twitter.com/TetheralReserve/status/952962491042148352

(http://www.autoadmit.com/thread.php?thread_id=3863133&forum_id=7",#35179189)