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is my understanding of TETHERS correct?

bitfinex creates tethers out of thin air, sells them for coi...
irate weed whacker base
  01/17/18
BEEEEEEETCONNEEEEEEEEEEEEEECTT
anal sick space double fault
  01/17/18
they printed 100 million dollars worth of tethers today, 50 ...
irate weed whacker base
  01/17/18
Tether poised to hit 2 dollars
anal sick space double fault
  01/17/18
...
Electric Vermilion Dingle Berry Cuckoldry
  01/18/18
https://twitter.com/TetheralReserve/status/95348297682588876...
irate weed whacker base
  01/17/18
...
anal sick space double fault
  01/17/18
https://twitter.com/TetheralReserve/status/95296249104214835...
irate weed whacker base
  01/17/18


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Date: January 17th, 2018 7:23 PM
Author: irate weed whacker base

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 tethers can't in practice be withdrawn, creators say it is auditable but refuse to allow an audit, and threaten to sue anyone who questions its legitimacy ?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: anal sick space double fault

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: irate weed whacker base

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: anal sick space double fault

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: Electric Vermilion Dingle Berry Cuckoldry



(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: irate weed whacker base

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: anal sick space double fault



(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: irate weed whacker base

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

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