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is my understanding of TETHERS correct?

bitfinex creates tethers out of thin air, sells them for coi...
sapphire institution messiness
  01/17/18
BEEEEEEETCONNEEEEEEEEEEEEEECTT
topaz affirmative action native
  01/17/18
they printed 100 million dollars worth of tethers today, 50 ...
sapphire institution messiness
  01/17/18
Tether poised to hit 2 dollars
topaz affirmative action native
  01/17/18
...
Rough-skinned potus
  01/18/18
https://twitter.com/TetheralReserve/status/95348297682588876...
sapphire institution messiness
  01/17/18
...
topaz affirmative action native
  01/17/18
https://twitter.com/TetheralReserve/status/95296249104214835...
sapphire institution messiness
  01/17/18


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Date: January 17th, 2018 7:23 PM
Author: sapphire institution messiness

bitfinex creates tethers out of thin air, sells them for coins on their own exchange, which ends up pumping other exchanges. tethers can't in practice be withdrawn, creators say it is auditable but refuse to allow an audit, and threaten to sue anyone who questions its legitimacy ?

if this is true, under what circumstances would this fraud be exposed?

(http://www.autoadmit.com/thread.php?thread_id=3863133&forum_id=7#35179098)



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Date: January 17th, 2018 7:25 PM
Author: topaz affirmative action native

BEEEEEEETCONNEEEEEEEEEEEEEECTT

(http://www.autoadmit.com/thread.php?thread_id=3863133&forum_id=7#35179109)



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Date: January 17th, 2018 7:25 PM
Author: sapphire institution messiness

they printed 100 million dollars worth of tethers today, 50 mil yesterday, and a lot immediately before that trying to keep this fraud pumping

(http://www.autoadmit.com/thread.php?thread_id=3863133&forum_id=7#35179121)



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Date: January 17th, 2018 7:29 PM
Author: topaz affirmative action native

Tether poised to hit 2 dollars

(http://www.autoadmit.com/thread.php?thread_id=3863133&forum_id=7#35179152)



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Date: January 18th, 2018 1:37 AM
Author: Rough-skinned potus



(http://www.autoadmit.com/thread.php?thread_id=3863133&forum_id=7#35181403)



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Date: January 17th, 2018 7:35 PM
Author: sapphire institution messiness

https://twitter.com/TetheralReserve/status/953482976825888769

(http://www.autoadmit.com/thread.php?thread_id=3863133&forum_id=7#35179186)



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Date: January 17th, 2018 7:38 PM
Author: topaz affirmative action native



(http://www.autoadmit.com/thread.php?thread_id=3863133&forum_id=7#35179197)



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Date: January 17th, 2018 7:36 PM
Author: sapphire institution messiness

https://twitter.com/TetheralReserve/status/952962491042148352

(http://www.autoadmit.com/thread.php?thread_id=3863133&forum_id=7#35179189)