Tether, the controversial stable coin tied to the US dollar has officially confirmed that the company's relationship with their auditor, Friedman LLP, has been officially terminated. Tether had claimed last year that Friedman LLP successfully completed an audit of the company to ensure that Tether has the money to back the USDT tokens the company has issued.
This audit claim has drew a series of criticism with many claiming that no official audit occurred.
Recently, Friedman LLP removed Bitfinex from their website which sparked a series of rumours of a break in relationships.
Today, Coindesk is reporting that Tether has officially confirmed that the company's relationship with Friedman LLP has been terminated. It is yet to be known the reason behind the termination and who broke the relationship.
