barsoapguy (@barsoapguy) profile picture

I like soap

Arizona, USA
Joined September 2015
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Read the Kucoin article, then the email response from Lockton (to the bottom right)
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Babel Finance, a Tether borrower, has blown up. Surprise! More bad debt for Tether. Looks like Tether is never producing their audit, it's been nearly a year since their months away audit report. I guess Tether liar, I mean Tether lawyer Stuart Hoegner wasn't telling the truth.
Are you beginning to wonder why Tether refuses to disclose who they're doing business with? They make high risk loans to crypto traders that are suspected of misusing their reserves. Babel Finance. It's in Tethers reserves. They're hiding it for a reason.
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