Tether minted most USDT to just 2 firms – Alameda and Cumberland

Post by crazydoggers » Sun, Aug 22, 2021, 9:30 PM UTC

IncRnd wrote: post #172

crazydoggers wrote: post #63

Earlier quoted context omitted.

How? They have to maintain that million dollars so I can withdraw it when I need it. Nothing has yet shown that is a problem or that’s not being done. Go deposit 1 million in a bank, and then ask for it in cash the next day. You won’t get it.

> Go deposit 1 million in a bank, and then ask for it in cash the next day. You won’t get it. But, you will get it. Try that with Tether, and you might just get laughed at. They would have already put your million dollars to other uses outside of being a deposit for you.