Is FTX Shorting Tether?

Shorting Tether is like nonsense, right? Because you go to Tether and you redeem the Tether. The only reason to care about a price movement in Tether is if Tether stops redeeming. And so far that's not happening. I believe Paula was just tweeting today how they just processed 70 million or something of withdrawals and there's no issues with withdrawals right now in redemptions. It's a good good signal. Hiring in the bear market. A lot of people got in the opposite direction. All right. Well, thankfully our owner, our primary owner, Tether is not involved with any of these scary lending practices and has operated intelligently conservatively during