Another correction coming? Tether breaks ties with auditor

in #usdt6 years ago

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Tether has broken off its relations with its auditor, Friedman. Tether is based on the principle that it has one US dollar for each tether issued. The auditor is important to verify that it truly does meet this criterua. This gives more fuel to the rumors that the company does not have what it claims in reserves and will soon collapse.

Could this news create another correction? Might want to wait if you were thinking of buying.