Cantor Fitzgerald’s Lutnick Says Tether’s Reserves Do Exist

G

GlobalMacro90

Here it is again ... a Wall Street vet, who would know considering this company Cantor holds the TBills for Tether, saying Tether's reserves do exist... (see screenshot)

This isn't an audit I know I know, but ask yourself why would this guy risk jail time by lying about this for very little gain?

I don't think holding Tether's treasury bills is any kind of core business for Cantor, so why lie?

Tether is backed, you guys need to just give it up

@RedDuke @Pekelo
 

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"That guy is lying!" "They need to do a real audit to be sure!" "Teether AKA 'Fake Money' is going collapse and then bring down the entire crypto market!"

"By the way I need to go see how my Ethereum is doing"

:D:D:D
 
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That is actually quite big. So they should pass audit without any issues.

So why not do and audit. Apple with trillions in valuation and hugely popular products “only” has like 150 billion in cash. Few guys at tether seeming close to it as well:D
 
Do you know how many times Arthur Anderson lied, and said they did a legit audit with their clients when they had not? And here, we can not even find anyone to claim a clean audit for Tether. Then again, after Enron, the auditing liability requirements/penalties has increased, and even more so after Wirecard.
 
GlobalMacro90 said:
Here it is again ... a Wall Street vet, who would know considering this company Cantor holds the TBills for Tether, saying Tether's reserves do exist... (see screenshot)
More...

I am not short/long Tether... Just a jaded observer of "Self Audits"... Bank of America, CITI, Credit Suisse, JPM, Goldman Sachs and 30 other huge banks... All STATED THEY WERE FIND BALANCE/DEBT wise on audit bank stress tests before the 2008 crash... and were they telling the truth ?

So "Self Audits" are not acceptable, as Lutnick's claim is, in this day and age of the Big Lie.
 
I have no idea what you guys are talking about. This is not a self audit, this is a third-party, commenting what he has seen himself … for essentially no upside and life ruining downside (if lying)

the Anderson example, they were in on the fraud with Enron. Why would Canter be in on some conspiracy with tether? They don’t even do much business with them other than hold their bills, which I cannot imagine is a high margin business. Take your tinfoil hats off.
 
Cantor Fitzgerald's offices at the World Trade Center were destroyed on 09/11.

So they must be in on the fraud. It's all connected. Cantor Fitzgerald's people must have placed the explosives that brought down the towers... I mean, y'all know those towers were not destroyed by the planes, right? Everyone knows that 'cause it's been on the internet for years. Some guy with a PhD in engineering said it was not possible, and he's an expert, so the fall of the towers must have been caused by something else. There were explosives already in the building, and those guys at Cantor Fitzgerald put 'em there.

And that's why that guy is lying about Tether. Because he's covering up what happened at the WTC. And what happened in Area 51. And who is really behind the assassination of JFK. And the babies that the Jews are sacrificing in the tunnels below their synagogue in New York.


This post is a satire. If you haven't figured that out, then you have an intellectual disability.
 
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