🚨 #Tether is already violating the terms of its settlement with @CFTC. They are making public statement denying & misrepresenting the findings and conclusions of the CFTC Order. Please #Retweet. /1 
They falsely claim that the CFTC order didn't find any "issues relating to Tether’s current operations." FALSE. CFTC scope of investigation included the time period from Jun 1, 2016 - Feb 25, 2019. Therefore, CFTC did not investigate any activities before & beyond this period. /2
#Tether falsely claims that "there is no finding that tether tokens were not fully backed at all times". This is not true. #CFTC has proven beyond a reasonable doubt that Tether lied. Below is evidence from the Press Release, the actual Order, and the Statement by Commisioner. /3
Below you have the links to all the docs cited above. Please READ them. /4
CFTC Press Release 👇
cftc.gov/PressRoom/Pres…
CFTC Order & Conclusions 👇
cftc.gov/media/6646/enf…
Statement by Commisioner Dawn D. Stump Regarding Tether 👇
cftc.gov/PressRoom/Spee…
CFTC Press Release 👇
cftc.gov/PressRoom/Pres…
CFTC Order & Conclusions 👇
cftc.gov/media/6646/enf…
Statement by Commisioner Dawn D. Stump Regarding Tether 👇
cftc.gov/PressRoom/Spee…
“While the definition of a ‘commodity’ is relied upon in applying the anti-fraud provisions in CEA Section 6(c) we should seek to ensure the public understands that WE DO NOT REGULATE STABLECOINS AND WE DO NOT HAVE DAILY INSIGHT INTO THE BUSINESSES OF THOSE WHO ISSUE SUCH.” @CFTC
Dear Commissioner Stump (@CFTCstump). Considering the public statements made by #Tether & its employees that clearly violate the terms of settlement with @CFTC (shown above) are you going to take any legal actions? Not reacting will cause confusion & degrade the authority of CFTC
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