Tether’s shareholder capital cushion is full of contradictions
Tether’s most recent attestation suggests a large increase in “Shareholder Capital Cushion” that was not shown on its transparency page.
Cryptocurrency news by Protos · Protos
Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Tether has released a new assurance from BDO Italia, as required by its settlement with the New York Attorney General (NYAG), revealing an increase in Tether ‘Shareholder Capital Cushion’ to over $960 million.
Interestingly, this number seems quite different from what Tether had previously disclosed on its transparency page.
Hosted on Acast. See acast.com/privacy for more information.