The Bitshares community has been warning about Tether for years.. Why trust a nontransparent corporation backing their coins with FIAT? I really would not be surprised at all if they didn't have any of the money. If only there was a scalable non-fiat stablecoin that could somehow prove it's reserves with seemingly obvious technology, like livestream cameras.. Cough* cough* Quintric.. In case nobody's paying attention to what Stan's been up to.. But yeah I'm convinced Tether is going to be the next Mt. Gox. And on a philosophical note I honestly can't understand why anyone in crypto would want to hold Fiat..