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26 July 2021

Tether to Release Long-Awaited Audits Within Months, Says General Counsel - Decrypt

Tether to Release Long-Awaited Audits Within Months, Says General Counsel - Decrypt


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Controversial stablecoin Tether will release its audits very soon, those behind the cryptocurrency said today.  .

Tether, the third biggest digital asset by market cap, has said it will release its audits for years—though it is yet to do so. .

Tether Inc, the company behind Tether, claims its coins are backed by U.S.

The cryptocurrency company also justsettleda fraud investigation with the New York Attorney General’s Office, which concluded that “Tether’s claims that its virtual currency was fully backed by U.S

Those much-awaited audits Hoegner promised will help back up his claims...if they ever come.

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