Tether is a new type of currency that has been around for years. It's controlled by one company, and the man in charge is jean carlo di vasini. He used to be a plastic surgeon before he got into import export business. One of his employees there helped found tether, then he ended up sort of buying in,. buying a bigger share of it. And would tether at 69 billion, even if they earned one %, 690 million dollars a year. So you've got this guy, john carlo, who s tether. There's kind of a conflict of interest at the centre of it, which is that, like, if you are a person who uses
First, Jason chats with Bloomberg reporter Zeke Faux about his latest investigative piece "Tether's $69 Billion Mystery"(1:04). Then, Jason launches our news series "Startup Checklist" (31:49) which explores the things you should do to be prepared to launch a company.