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RE: 🚨🚨🚨 BREAKING NEWS: Tether blows up 🚨🚨🚨 US govt. subpoenas Bitfinex
There is no need for panic over this, the subpoena was issued all the way back in december and is likely routine. Not saying i think Tether’s operation is entirely legitimate, but i don’t think this will effect it in the end.
There was an article that they have money.
I hope this is correct!!
Btw, here is the video that explains that it is an old news
https://steemit.com/cryptocurrency/@foodnature/tether-fud-explained-in-2min
Hope is all we have. 😂
Phew, that is good info.
I hope the above information is correct! If they have $3b things should be okay
So, just a blip?
Yes, that's true but the news that it happened is new. The market is definitely reacting to it IMO and it's going to be an uncertain time until the actual courtdate (which is unknown to me still).
In the long run we will be fine.. it won't kill crypto, but it could still be a big dip