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RE: Why Tether’s latest statement about its auditor is complete BS
There is no way you can make such a mistake at audit that you will destroy your credibility that much as an audit company. As explained in the above article, auditing cash flows is the simplest thing to do.
My opinion is that if they are rotten let them crumble and call them out. The crypto community needs to self correct. It can do it and that will give it credibility in the mainstream.