74% Backed | 26% PonziBitfinex = Tether = USDT (same company)
It was 74% when they had 2.9 billion tethers. It’s probably even less now.
ag.ny.gov
Ask yourself ...
Who is buying bitcoin?
Why was there more interest in Bitcoin in 2017 than in 2019?
Why did the price go up after imaginary tethers were printed?
Why did Bitfinex enable 100x leverage?
Why are they missing $850,000,000?
Why has there not been an audit for Tether yet?
And if this is news to you; why have you not googled any of this yet?
