If tether wants to maintain their dominant position (they do) then they will work to be compliant with the LAW, on a timeline deemed appropriate by the law makers.
Take your conspiratorial trutherism elsewhere.
Take your conspiratorial trutherism elsewhere.
On a timeline deemed appropriate by the law makers is making a lot of heavy lifting here. The (GOP) lawmakers won't lift a finger to do anything unless the Leader says so.
Like, even Enron and Wirecard passed audits, so it's pretty weird that Tether can't.
To me the obvious explanation is that they would not pass an honest audit, and hope having the CEO of their primary brokerage in the Cabinet will help them cheat.