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is my understanding of TETHERS correct?

bitfinex creates tethers out of thin air, sells them for coi...
Violet crackhouse puppy
  01/17/18
BEEEEEEETCONNEEEEEEEEEEEEEECTT
supple clear center really tough guy
  01/17/18
they printed 100 million dollars worth of tethers today, 50 ...
Violet crackhouse puppy
  01/17/18
Tether poised to hit 2 dollars
supple clear center really tough guy
  01/17/18
...
ruddy doctorate
  01/18/18
https://twitter.com/TetheralReserve/status/95348297682588876...
Violet crackhouse puppy
  01/17/18
...
supple clear center really tough guy
  01/17/18
https://twitter.com/TetheralReserve/status/95296249104214835...
Violet crackhouse puppy
  01/17/18


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Date: January 17th, 2018 7:23 PM
Author: Violet crackhouse puppy

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 tethers can't in practice be withdrawn, creators say it is auditable but refuse to allow an audit, and threaten to sue anyone who questions its legitimacy ?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

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: Violet crackhouse puppy

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: supple clear center really tough guy

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: ruddy doctorate



(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: Violet crackhouse puppy

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: supple clear center really tough guy



(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: Violet crackhouse puppy

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

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