Quote from: ulhaq on November 17, 2017, 02:25:44 AM

Tether is not located in the US, so is outside of US jurisdiction.

outside US, yes. but they have USD bank accounts.. US gov can basically seize USD anywhere in the world.. i saw this happen in poker. i see Tether as a growing risk to the crypto world.

Quote from: ulhaq on November 17, 2017, 02:25:44 AM

I think they need 3rd party audits, but as far as I know, they don't do it. Which is very curious why no one else replicates tether with 3rd party auditing.

agree

Quote from: ulhaq on November 17, 2017, 02:25:44 AM

Clearly more people are investing USD to tether considering the new USDT they issued, despite problems with withdrawals? Or are the withdrawal problems over?

i'm under the impression that USDT --> USD is like 7% vig. can anyone confirm?

Quote from: ulhaq on November 17, 2017, 02:25:44 AM

Can anyone comment on the tether blockchain, is it centralized? How secure is it?

its built on Omni.. thats all i really know.. somehow Omni market cap is <10% of Dogecoin Roll Eyes