The Problem With Tether

Sally Kohn: Sam Begman freed's house of cards is completely falling apart. She says tether, the stable coin that undergirds almost this entire space, could be in trouble if it fails. There are no regulations, no safety nets, you know, no insurance policies she says. Kohn: It's like they built this entire industry on toothpicks and then printed out photos of steel beams to put in front of people.