<story><title>Tether has “dissolved” relationship with auditor Friedman LLP</title><url>https://twitter.com/coindesk/status/957381065190133767</url></story><parent_chain></parent_chain><comment><author>Lazare</author><text>Don&amp;#x27;t worry guys, I&amp;#x27;m sure Tether is a 100% legitimate operation that just happens to be conducting an ongoing research project to see how much like a scam they can appear.  They&amp;#x27;ve got the money, they&amp;#x27;re just keeping it hidden!  ...very hidden!  They had to fire their auditors because they were about to find proof the money exists, and that would have ruined the research project!&lt;p&gt;More seriously, I&amp;#x27;ve got to ask:  Why does anyone trust them?  Why &lt;i&gt;did&lt;/i&gt; anyone trust them?  They&amp;#x27;ve never offered the slightest reason to think they&amp;#x27;re anything else but a particularly lazy fraud.&lt;p&gt;Is this an &amp;quot;emperor&amp;#x27;s new clothes&amp;quot; situation where everyone assumes everyone &lt;i&gt;else&lt;/i&gt; has proof of Tether&amp;#x27;s validity, and doesn&amp;#x27;t want to look dumb by asking?  Or a &amp;quot;bigger fool&amp;quot; situation where everyone believes Tether is a fraud, but thinks they can get out and leave someone else holding the bag when it bursts?  Raw wishful thinking because a legit Tether would be so useful to the ecosystem that people have collectively decided to pretend it does exist?  Or what?</text></comment>
<story><title>Tether has “dissolved” relationship with auditor Friedman LLP</title><url>https://twitter.com/coindesk/status/957381065190133767</url></story><parent_chain></parent_chain><comment><author>conanbatt</author><text>What I truly don&amp;#x27;t get from the tether is how its almost at parity on kraken (&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.kraken.com&amp;#x2F;charts&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.kraken.com&amp;#x2F;charts&lt;/a&gt;) You would expect a sizable discount going on for all the shennaningans.</text></comment>