Tether is a crypto, supposedly pegged to the dollar. On Oct 14, it fell to $0.86. Long-standing concerns surfaced again. I will get to the new concerns in a moment, but first let's review how Tether works as well as the long-standing suspicions. Please consider the Wall Street Journal April 12, 2018 article on the Mystery Behind Tether, the Crypto World’s Digital Dollar. A fast-growing digital currency that claims to be backed by U.S. dollars has become a cornerstone of the volatile cryptocurrency market. The problem: There isn’t hard evidence the cash supporting it exists. Unlike other cryptocurrencies that ... (full story)