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is my understanding of TETHERS correct?

bitfinex creates tethers out of thin air, sells them for coi...
rebellious yarmulke
  01/17/18
BEEEEEEETCONNEEEEEEEEEEEEEECTT
narrow-minded spectacular circlehead
  01/17/18
they printed 100 million dollars worth of tethers today, 50 ...
rebellious yarmulke
  01/17/18
Tether poised to hit 2 dollars
narrow-minded spectacular circlehead
  01/17/18
...
cowardly philosopher-king weed whacker
  01/18/18
https://twitter.com/TetheralReserve/status/95348297682588876...
rebellious yarmulke
  01/17/18
...
narrow-minded spectacular circlehead
  01/17/18
https://twitter.com/TetheralReserve/status/95296249104214835...
rebellious yarmulke
  01/17/18


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Date: January 17th, 2018 7:23 PM
Author: rebellious yarmulke

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 tethers can't in practice be withdrawn, creators say it is auditable but refuse to allow an audit, and threaten to sue anyone who questions its legitimacy ?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?

(https://autoadmit.com/thread.php?thread_id=3863133&forum_id=7#35179098)



Reply

Date: January 17th, 2018 7:25 PM
Author: narrow-minded spectacular circlehead

BEEEEEEETCONNEEEEEEEEEEEEEECTT

(https://autoadmit.com/thread.php?thread_id=3863133&forum_id=7#35179109)



Reply

Date: January 17th, 2018 7:25 PM
Author: rebellious yarmulke

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

(https://autoadmit.com/thread.php?thread_id=3863133&forum_id=7#35179121)



Reply

Date: January 17th, 2018 7:29 PM
Author: narrow-minded spectacular circlehead

Tether poised to hit 2 dollars

(https://autoadmit.com/thread.php?thread_id=3863133&forum_id=7#35179152)



Reply

Date: January 18th, 2018 1:37 AM
Author: cowardly philosopher-king weed whacker



(https://autoadmit.com/thread.php?thread_id=3863133&forum_id=7#35181403)



Reply

Date: January 17th, 2018 7:35 PM
Author: rebellious yarmulke

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

(https://autoadmit.com/thread.php?thread_id=3863133&forum_id=7#35179186)



Reply

Date: January 17th, 2018 7:38 PM
Author: narrow-minded spectacular circlehead



(https://autoadmit.com/thread.php?thread_id=3863133&forum_id=7#35179197)



Reply

Date: January 17th, 2018 7:36 PM
Author: rebellious yarmulke

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

(https://autoadmit.com/thread.php?thread_id=3863133&forum_id=7#35179189)