đ¨ Tether (USDT) Under Fire Again! đ¨
Tether faces fresh allegations from Cyber Capitalâs Justin Bons, who claims it's one of the biggest scams in crypto history! He mentions that with a $118B operation, Tether still hasnât provided a legitimate audit of its reserves. â ď¸
Key Issues:
âĄď¸No independent audit since 2015.
âĄď¸Fined by CFTC in 2021 for false reserve claims.
âĄď¸Ongoing lawsuit with Celsius over alleged fraudulent transfers.
Is Tether's lack of transparency a ticking time bomb? Critics fear its collapse could lead to a crypto bank run similar to Terra Luna. đĽ
