that “Celsius’s loans to Tether were twice its credit limit” on page 183.
The report notes that “Tether’s exposure eventually grew to over $2 billion,” which became an issue in late September 2021 as it was described to the risk committee as presenting an “existential risk” to Celsius. Denying any exposure to troubled Celsius, Ardoino suggested that examiner Shoba Pillay mixed up prepositions in the examiner report, actually meaning “Celsius loans from Tether” instead of “Celsius loans to Tether.”
“Either is a typo or a mis-characterization,” Tether CTO wrote in a Twitter thread started by Financial Times reporter Kadhim Shubber.that the examiner report is associated with some level of miscomprehension, stating: “The examiner's report above describes Celsius having 'loans' to Tether, but I think the exposure comes from Celsius having posted collateral in excess of the amounts it borrowed from Tether.”
It would not be the first Tether lying on record
HEX.COM users unaffected
Paolo Ardoino, the chief technology officer at Tether and Bitfinex crypto exchange, took to Twitter on Jan. 31 to announce that Tether has “never borrowed from Celsius.”
FUD aggggain
Could someone link me to that defi money making method people have been using :Just read about it but cannot find the tutorial.