The firm that does Tether attestations has been ranked as one of the lowest quality. And this is for their US firm, now imagine their Italian division... Pure mafia. The ponzi scheme COULD NOT be more obvious at this point. Absurd how this thing is still allowed to operate. Seems like crime, corruption and ponzi schemes are the pillar of the Biden administrations policies.
That's ok. It's only due to the D.E.I. quotas in the US. You honestly can not expect North America to still base hires on that age-old method of 'merit and competence'? We call those things 'racist' now.
Most of the Auditing industry is corrupt. Its mainly due to Sarbanes-Oxley in the US. Auditing became a compulsory function inside corporations after SarbOx was passed due to the Enron, Tyco & Worldcom disasters. It was however a very low margin business so most of the good accountants abandoned it. Similar to what happened to investment research business inside Investment Banks after RegFD. BDO was always a crappy company even in the heydays of Auditing in the 1980s. I had a lot of friends in Auditing in the Big 5 at the time in 1990. The best were Coopers Lybrand & KPMG. Coopers Lybrand was considered the "white shoe" of the industry similar to Goldman Sachs in Investment Banking.
Stock market is bouncing up HARD, but nothing on Bitcoin. What's going on? This is a sign of extreme weakness. Bitcoin holders should be shivering in fear at this point. The luck is on your side though, the heart of the Tether fraud is still beating. A couple more billion Tethers printed and we might pump back to $70K before the inevitable doom below $40K and eventually $10K.