**Tether Transparency Tango: Consumers' Research vs. Tether**
- Consumers' Research dropped a bombshell on Sept. 12, calling out Tether for its murky US dollar reserves. They claim Tether's promises of audits are as elusive as a unicorn in a blockchain.
- The watchdog group even sent an open letter to every state governor, launched radio ads, and created a website to spotlight Tether's alleged transparency issues. Talk about dedication!
- Tether's defense? Cantor Fitzgerald CEO Howard Lutnick vouched for their cash reserves, and they've hired former Chainalysis economist Philip Gradwell to produce USDT usage reports.
- Plus, Tether's been busy helping law enforcement recover $108.8M in illicit USDT and launched a financial crime unit with Tron. 🕵️♂️
Stay tuned for the next episode of "As the Crypto World Turns"!