This sort of audit is pay to play and the customer has a heavy influence. I'm sorry but given they were caught lying before I don't trust the Tether people. But if you trust them and these auditors, great, you can hold Tether and be sanguine that KPMG will protect you.
https://www.frc.org.uk/news-and-events/news/2022/05/sanction...
https://www.bbc.co.uk/news/articles/c8znzxe5ewxo
And this BDO?
https://www.frc.org.uk/news-and-events/news/2025/11/frc-impo...
This sort of audit is pay to play and the customer has a heavy influence. I'm sorry but given they were caught lying before I don't trust the Tether people. But if you trust them and these auditors, great, you can hold Tether and be sanguine that KPMG will protect you.