Breaking News: Tether fires back against report it is using re | Bitcoin Insights

Breaking News: Tether fires back against report it is using reserves for investments and making crypto-backed loans

In a Thursday report, Bloomberg journalist Zeke Faux made numerous claims against Tether, including that its chief financial officer Giancarlo Devasini has used the company’s reserves to make investments, that seem to contradict Tether’s public position that the holdings were fully backed at all times.
Tether called the report a “tired attempt” to undermine the company based on “innuendo and misinformation.”

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@Bitcoin_Insights