Discover and read the best of Twitter Threads about #AuditTether

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CACHE.Gold
@cache_gold
❓Question: What happens if we query #Tether's website (gold.tether.to) to ask how many of the 351 addresses that currently hold $XAUT are backed?

Answer: Only 12 of 351

Got #gold? Got proof?

#AuditTether

Detailed Data 2-12-2021 👉 drive.google.com/drive/folders/…
@CryptoCriticPod @BennettTomlin @CasPiancey @Frances_Coppola

Any thoughts?
#Tether's transparency report claims their physical gold is tracked to 1/1000th of a troy ounce (0.001 $XAUT).

#Tether Gold's whitepaper contradicts the transparency report and claims "six decimal places" (0.000001 $XAUT).

Tether is not meeting either standard of precision.
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#Tether #gold #AuditTether

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