🚨 Crypto Comedy Alert! 🚨
Consumers' Research just dropped a bombshell on Tether, accusing them of being as transparent as a brick wall! 🧱 The watchdog group claims Tether hasn't shown a full audit of their US dollar reserves, sparking memories of the FTX and Alameda Research fiascos.
But wait, there's more! An open letter to state governors, radio ads, and a dedicated website are all part of the watchdog's campaign against Tether.
On the flip side, Tether's got some heavy hitters in their corner. Cantor Fitzgerald's CEO vouched for their cash reserves, and they've hired ex-Chainalysis chief economist Philip Gradwell to shed light on USDT usage.
Plus, Tether's been busy helping law enforcement recover $108.8M in illicit USDT since 2014 and teamed up with Tron to launch the "T3 Financial Crime Unit."
What do you think? Is Tether a hero or a villain? Drop your thoughts below! 💬