Cyber Capital founder: Tether is a $118 billion scam

Cyber Capital founder and CIO Justin Bons said in an X post that Tether is a $118 billion scam; larger than FTX and Bernard Madoff's total scams, no proof of reserves, and never audited; USDT is printing counterfeit money (fraud) was found to have forged documents, concealed identities and lied about reserves.