The concept of Tether is supposed to be that it's a cryptocurrency backed one-to-one by US dollars or possibly other assets, however as the Wall ...
source https://www.google.com/url?rct=j&sa=t&url=https://www.engadget.com/2019/04/26/cryptocurrency-exchange-accused-of-covering-up-850-million-loss/&ct=ga&cd=CAIyGmM2Nzk3ODA2ZWViNjVjODI6Y29tOmVuOlVT&usg=AFQjCNGIXIyDYuQSz8OvwsPRJa5IHoGBOw