Oct 8 Crypto News to Know: report about Tether claims CFO has used company reserves to make investments, Soros Fund Management invests in BTC, & more.
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CrossTower's Bergen Sanderford talks latest and greatest crypto news and market trends with Research Analyst, Martin Gaspar, and Trader, Chad Steinglass, and data analyst, Katherine Webb. Tune in and learn more about:
U.S. Deputy Attorney General Lisa Monaco unveiled two new Justice Department enforcement initiatives aimed at targeting cryptocurrencies and government contractors who fail to report cyber breaches.
A Bloomberg journalist made several claims against Tether including that Tether CFO, Giancarlo Devasini has used the companies reserves to make investments that contradicted Tether’s public position that their holdings were always fully backed.
Tether respond to the report calling it a “tired attempt” to undermine the company based on “innuendo and misinformation.”
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