It's an emergency broadcast.

Tether is being investigated by the Department of Justice.

I repeat, Tether is being investigated by the Department of Justice according to Bloomberg.

Stick with us.

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All right, Tether executives are reportedly facing a Department of Justice criminal probe for bank fraud.

According to Bloomberg, a story published today claims that the Department of Justice is probing Tether on whether it's executives committed bank fraud.

As you know, keep in doing a Twitter investigation here on the podcast for the past couple of weeks, maybe even months now.

And slowly, but surely, we're figuring out how this stablecoin, a coin, a cryptocurrency that's backed reportedly dollar for dollar with the US dollar.

And we found out that they no longer do that. They've got a collection of assets.

Well, this is a separate issue. It seems, then they're holdings.

And this is on top of their top two executives being MIA and the two other executives who are very vocal on Twitter.

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