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RE: Tether gets cleared of wrong doing (mostly) and markets hardly react...
My suspicion is that money was taken from EOS, through ETH, and so, viola, they had the money in the bank.
And, the above is far from a clean bill of health. It stinks of a coverup. And so, as expected, the markets made no move.
Further, the markets weren't waiting for this news. People who thought they couldn't trust Tether were already out. Those staying in didn't have their mood altered.
Short positions are rather high right now, news like this often causes short covering rallies, at the least.