Tether, people move in to bit coin, and you get the super storm. Dennis is the head of research at cinergia capital. He said that tether news is less of a market negative because it is an investigation into executives and alleged practices. These these guys are going to sink the entire space. Get your dollars out of tether and put them into, you know, cash, fia bik coin, buy bit coin, sell your bickoin, whatever it is....
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)