Tether, like other crypto currencies, broke just about every rule in banking. Banks keep track of everyone who has an account and where they send their money. Tether holdings checks the identity of people who buy coins directly from the company. But once the currency is out in the world, it can be transferred anonymously just by sending a code. A drug lord can hold millions of tethers in a digital wallet and send it to a terrorist without anyone knowing. Jao dong, a prominent tether trader in china, is serving three years in prison there for using the currency to launder 408 million dollars for illegal casinos. Liberty res founder arthur bedovski wrote me in a n