š„š„š„ I foresaw the danger. š„š„š„
Commodities do not support one hand. In fact, this is a fatal mistake for the #kripto money market. Only one hand is wrong in futures trading. It is critical for Tether to grow and return to one hand. A supporting report has been published. Here are the details;
Consumer protection group Consumers' Research has published a report criticizing Tether for its lack of transparency regarding the US dollar reserves that support its USDT stablecoin. The report raises the following concerns:
Tether has not submitted a full audit of its reserves to a reputable accounting firm.
There are parallels between Tether's lack of transparency and the problems that led to the collapse of FTX and Alameda Research.
It is likely that Tether has dealings with shady entities and facilitates the use of USDT to evade international sanctions.
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