Hello Cryptofriends,
About this supposedly breaking news with the subpoenas - please note that they were handed over back in December, so it isn't exactly breaking news. However, people are talking about this and I can see panic setting in amongst certain people...
Boys and girls, take a look at the Tether market cap below - yes, they have printed a lot of money. But if Tether dies and Bitfinex takes a hit, it is only because of panic-sellers that cryptocurrencies are going to take a hit. And this, dear friends, is where there will be a HUGE buy opportunity once the dust settles.
Let's hope it doesn't come to this, as it would still mean a big blow for the crypto market, and it would delay the next bull run... Not ideal for us normal people ;)
https://www.ccn.com/cftc-subpoenas-bitfinex-and-tether-as-questions-mount-over-audit/