Weekly Roundup 06/16/23 (Prometheum madness, the Hinman emails, HK's crypto banking play) (EP.431)
On The Brink with Castle Island
00:00
The Tether Panic
Tether had a blog post today where they said, and you know, they settled with the NYAG in 2021. And so then they put out a blog post saying, all right, Coinbase has their hands on our attestations and our reserve reports that we provided to NYAG. So Tether sold off a little bit trading slightly below peg, not meaningfully so.
Play episode from 28:04
Transcript
