iReporter: This article follows a pattern of repackaging stale claims as, and then i quotes news. Tether rotinely has open dialogue with law enforcement agencies, including the us Department of justice,. Why talk about saying nothing? We are proud of our role as industry leaders in promoting co operation between industry and government authorities around the world. Just do the stop telling us there's going to be an audit and just do your damn audit. And can we stop talking about this? I'm actually annoyed that i have to keep talking about this stupidity. There they are on record saying they're doing this shell game to get around regulations. They believe that if they can rout around regulations...
Tether executives are reportedly facing a DOJ criminal probe for bank fraud! Jason breaks down Bloomberg's report (1:31), Tether's response (10:34) and assesses potential implications for the wider crypto ecosystem, including if this had anything to do with Sunday night's Bitcoin surge. (16:29)