News about Ponzi Scheme

Cryptocoins Exchanges / Binance - 3 years ago

Tether has over $68bn under their management and just 13 employees. That's a record, the previous record holder was Bernie Madoff's ponzi scheme with $50bn under management and 25 employees. Isn't this concerning given Tethers refusal to be audited?

Tether only has 13 listed employees on LinkedIn. Source There is just over $68bn Tether in existence, meaning Tether theoretically has $62bn under their control. Source That is over $3bn in assets per employee of Tether If that seems comically low it...