A short squeeze of heavily leveraged traders may have added to upper pressure on prices. The prevailing theory amongst probicoin people is the rumors of amazon, which would be in the category of tesla buying bunch of bicoin. But that turned out to be false because we're not hearing, o any jobs being posted about this or, you know, a bunch of people being recruited....
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)