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169 EpisodesProduced by Laura ShinWebsite

Events in crypto take place at warp speed. This weekly crypto podcast reveals how the marquee names in crypto are reacting to the week’s top headlines. With host Laura Shin, the guests also discuss what they’re thinking about these days and reveal what they believe is on the horizon in crypto. Discl… read more


Bloomberg's Matt Leising on Why It Appears Tether Has Sufficient Dollar Reserves - Ep.052

Bloomberg reporter Matt Leising, who obtained bank statements from Tether's bank, Noble Bank in Puerto Rico, found that for those months, the number of dollars in the bank matched the amount of Tether outstanding. He talks about what this means, whether it matters that both Tether and Noble Bank were founded by Brock Pierce, and whether it matters that the statements are not the most recent. We also touch on other investigations involving Tether, including the CFTC's investigation into whether Tether is fully backed by dollar reserves, the Department of Justice's investigation into whether Tether was used to manipulate the Bitcoin price, and why both Tether and Bitfinex have had such a hard time maintaining banking relationships.

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Episode links:

Matt Leising:

His story on Tether:

CFTC subpoeanas Tether and Bitfinex:

Bitfinex moves to Noble Bank:

Tether moves to Deltec bank:

DOJ’s investigation into whether Tether was used to manipulate the Bitcoin price:

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