“Tether backed by sus Chinese paper is one thing. Tether actively creating/loaning out tethers collateralized by cryptocurrency itself is 💯 times a 🚩🚩🚩🚨🚨🚨 This is likely why they can’t disclose the composition of their reserves.”

submitted by /u/Egon_1 [link] [comments]

source https://www.reddit.com/r/btc/comments/q4spho/tether_backed_by_sus_chinese_paper_is_one_thing/