What do we know?

- October 8, 2024 -

In Portugal, at the request of the United States, Alexey Andryunin, the head of the cryptocurrency market maker Gotbit, was detained.

- October 10, 2024 -

SEC accuses MM #Cumberland DRW of operating as an unregistered dealer in crypto asset markets. Cumberland is the largest recipient of $USDT (Tether).

- October 25, 2024 -

The Wall Street Journal (WSJ), citing informed sources, learned of the SEC's investigation against Tether.

And it doesn't matter what Tether CEO Paolo Ardoino said after that.

Now the gaze of all international bodies will be directed at Tether.

This week, I'm also waiting for news and statements.

There was only a short-term reaction to Saturday's news, and it was most likely retail that reacted.

We are waiting for the stock market's reaction on Monday.

#dwflabs #gotbit

#sec #tether