https://medium.com/@untetheredbtc/how-th...a5c673bec0
Read the article. In summary:
Tether is not backed by USD, potentially worthless.
Lock™ does not back crypto currency to dollars, it converts it to tether.
Company that creates tether gets audited early January.
Based on this article and other sources (such as bitfinexed on Twitter https://mobile.twitter.com/bitfinexed?lang=en ) I would dump all tether immediately.
Read the article. In summary:
Tether is not backed by USD, potentially worthless.
Lock™ does not back crypto currency to dollars, it converts it to tether.
Company that creates tether gets audited early January.
Based on this article and other sources (such as bitfinexed on Twitter https://mobile.twitter.com/bitfinexed?lang=en ) I would dump all tether immediately.