Post
Topic
Board Speculation
Re: What'll happen when USDT collapses?
by
Ludwig Von
on 21/11/2017, 16:19:58 UTC
Can you provide a link to where to find a report ?

https://ftalphaville.ft.com/2017/10/02/2194319/tethers-transparency-update-is-out/

There's a dead link here but I do recall seeing a PDF somewhere a couple of days ago. However it doesn't appear to be a full on flat out audit, more of a skim, but there's no way Friedman would put their name to some absolute dogshit.

As noted in the article - "…these consulting services do not constitute an audit or attestation engagement, which would include a significantly expanded scope of procedures and take substantially more time to complete."

I had read that report already. And as Friedman says it is not a valid (measured to the standards applied for financial institutions). So only smokescreen. (weel paid for).

As I have been Goxed, Cloudstripmined straight through the bottom of my pockets, I tell you : if it looks like crook business, smells like and behaves like, just run away as fr as you can.