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What's Inside Tether's Digital Vault?

Bloomberg Crypto

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Tether's Attestations Aren't an Attestation

Tether is now saed to file those attestations quarterly, and they've been coming from accountancy firms cand if around the world. All these attestations are are an agreement by an accountancy firm to say, you know, tethers accountants presented us with these figures. Take a look at the data underneath the numbers that aren't go into some one's bank account and poke around and say, yetha, that looks about right. It's that murky gray area of what happens to the token while it's out in the crypto ether that regulators are concerned about.

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