Bitfinex fails to perform promised audits. Instead, they have a shareholder tell everyone it’s all cool.

Source
Friedman LLP Website on December 2017
Friedman LLP Website on January 2018. Guess who is missing.
Friedman LLP went as far as to delete the Press Release.
5WPR CEO Ronn Torossian misrepresenting a Friedman report on Tether.
Source
Source

Looking at someones bank balance is not an audit.

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Source
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Source (Archive)
“Lost money in the hack? Sell your tokens for shares then sell shares to another shareholder!”

Bitfinex now blames ‘evil banks’ for their inability to complete an audit.

“Giancarlo explained that the lack of third party audits of USDT was due to pressure of US banking industry”. (Source)

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