Discover and read the best of Twitter Threads about #audittether

Most recents (1)

❓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/…
#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.
Read 4 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!