kevin later wrote this though? https://twitter.com/_Kevin_Pham/status/858152645269135360
reld
31

Yes I agree that Bitfinex probably deposited money temporarily into the Tether Reserves account when that crappy audit was done quite recently:

But it is all shenanigans. When Bitfinex remove that money from the Tether Reserves account they should destroy Tethers to an equal amount and I do not believe they do that. You’ll notice that the Tether supply NEVER falls.

Like what you read? Give BambouClub a round of applause.

From a quick cheer to a standing ovation, clap to show how much you enjoyed this story.