Tether Fails to Shake Accusations of Unsavory Conduct Despite Internal Memorandum Release


The controversy surrounding Tether continues, despite the company’s release of an “internal memorandum regarding consulting services.” The issuer of USDT has been the subject of continual scrutiny in recent months following a sharp increase in the number of tokens issued, despite the company enduring significant banking issues.

Also Read: Tether’s Messy USD `Peg´ May Be a Liability for Bitfinex

Tether Recently Released an Internal Memorandum in an Attempt to Quell Accusations of Shady Practices Surrounding the Creation of USDT Tokens

The report was written by Friedman LLP (FLLP), and purports to detail the company’s “cash and token balances as of September 15th, 2017”. At the time of writing, Tether’s total market…

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