Hey yo, what is going on, and what is up with my people who are daily viewers, the Chico
Army, and any newbie who I consider a viewer of the tube.
My name is Tyler, the host of the crypto channel, who on the surface may not look like much,
but when I get going I blow you away.
You know how we get to the moon.
It’s time for Chico Crypto!
The moon?
Ya it would be very nice to get there soon, but we need a slap to the face real quick
What slap am I talking about?
Well the biggest news to hit the crypto space was dropped last week, ending what was looking
to be a bullish run.
Bitfinex and Tether have lost their appeal, and will have to turn over documents and face
trail for the supposed cover up and loss of 850 million dollars.
Here is the document, filed and as we can see it says “Respondents aka bitfinex appeal
from the order of the Supreme Court, New York County (Joel M. Cohen, J.), entered August
19, 2019, which, insofar as appealed from as limited by the briefs, denied respondents’
motion to dismiss.
And at the very bottom, Accordingly, the order of the Supreme Court, New York County
(Joel M. Cohen, J.), entered August 19, 2019, which, insofar as appealed from as limited
by the briefs, denied respondents’ motion to dismiss, should be affirmed, without costs.
All concur from each of the appeal judges, Gishe, JP, Gesmer, Oing, Moulton, and JJ...dated
July 9th 2020
So to realize how bad this can be, you just need to go to Coingecko’s front page, and
see Tether is now the 3rd largest cryptocurrency with a market cap of over 9.8 billion dollars.
It’s critical to how the space functions as of right now, because it’s volume is
either the same, just below, or aboves bitcoin’s volume on a daily basis.
Now, we all know, there is funny business going on with Tether & the exchanges which
provide a bulk of it’s trading volume.
So for a regulated US based exchange, bittrex, who has eyes on it, but still trades USDT..we
can see the natural spread of volume by crypto and currency pairs.
Bitcoin makes up nearly 50 percent, USD about 23 percent and USDT about 25 percent.
But then, you step outside to the unregulated exchanges, who are involved and complacent
in the funneling of Tether for many bad actors, in and out of their exchange wallets.
So let’s just switch to one of them, and see how off balance it.
Looking at Binance’s breakdown, they are over 70 percent Tether, and then over 24 percent
bitcoin.
The rest of the coins make up a smidgen..which means, over 96 percent of Binance’s trading
volume is between just two coins...when they are known as the “place” for altcoins….does
that make sense?
No it doesn’t because BINANCE is a shatcoin casino for newbs, who don’t have much liquidity….
what it really is, in my personal opinion, from my research, if a fatty ole money laundering
operation.
Now I could repeat myself, and show what I’ve shown before, but I’m not going to do that.
I have included all my investigations into Tether, Bitfinex, Binance, and others like
Huobi in the description, if you wan’t to get my full thoughts on what I think is going
on.
Now there are some things lining up that make sense to me and we need to go back to Tether’s
beginnings to understand.
Tether was launched in 2014, initially as REALcoin by Brock Pierce, Craig Sellars & Reeve
Collins.
It then rebranded to Tether, later that year...but, the person we need to pay attention to, is
Brock Pierce.
And this flow chart shows exactly why...it’s a chart showing the connections between big
players in the entire USDT saga, including Phil Potter and Giancarlo Devansini.
Bitfinex and it’s connection to crypto capital, reggie fowler, global trading solutions, and
thus the bank HSBC.
Also, the tiawanese banks they used to get connections to wells fargo...but then on the
left, brock pierce is connected to sunlot holdings, and john betts, thus noble bank...which
we know what and why that was created in Puerto Rico, I’ve covered it before.
But the point is, Brock was integral to Tether, and what went down throughout 2017 and into
2019 with the stablecoin and the banks it was related to is exactly why the New York
AG is investigating them.
And here is what makes sense to me.
Just a couple days before, the appeal was rejected and made public, Brock spoke at the
Unitize Conference, and he revealed something he
was doing...
Yes brock is running for President, and he says the reason he is doing this, is because
it has been a calling of his for a long time, since his 90s movie he starred as a child
actor, the first KID.
Oh really is that the reason?
Or are you using a new rule to stop investigation into yourself?
It was recently announced in February of this year, by AG william Barr, that if any presidential
candidate is going to be investigated, it specifically needs to be approved by him.
No probes, no FBI...nothing for Presidential candidates, unless AG Barr signs off.
It’s immunity from investigation, while until November, unless AG Barr says it’s
OK.
Which isn’t going to happen, because the person investigation this, Letita James is
at war with Barr...per example, when BARR removed New York Attorney Geoffrey Berman,
just 3 weeks ago, Letitita said this ““I am deeply concerned about the sudden removal
of the U.S. Attorney for the Southern District of New York, especially given serious questions
about who gave the order and the timing of the firing.
I hope the Department of Justice heeds its own advice and puts public service over public
spectacle.
Ongoing investigations must not be interfered with, period.
There is still much work to be done and it must be done independently.
Americans deserve leaders who are committed to justice.”
Which is super suspicious, the removal of Berman, because he was the one who took down
Reggie Fowler, of crypto capital.
From the press release “Geoffrey S. Berman, the United States Attorney for the Southern
District of New York, William F. Sweeney Jr., the Assistant Director-in-Charge of the New
York Field Office of the FBI and Jonathan D. Larsen, Acting Special Agent in Charge
of the New York Office of the IRS, Criminal Investigation Division announced the arrest
today of REGINALD FOWLER on charges of bank fraud and operating an unlicensed money transmitting
business.
So I hope you realize, there are a lot of moving pieces right now, people trying to
cover their arses, and Brock is taking a page out of Trump’s book, using the immunity
put in place by Trump’s picked AG.
Sneaky, sneaky….so I wouldn’t be surprised if we see Giancarlo, Phil Potter and even
possibly Roger Ver joining the presidency race, officially announcing a bid.
Because as we have seen on this channel, through crypto capital... there are ties back to even
Ver through Ira Miller.
It really seems to me that my prediction of a Fall crash is likely to come true.
November is the presidential election, and if Trump loses, all shit is going to hit the
fan in regular markets and cryptocurrency, because we will know those who have been snaking
by for the past 4 years, will be looked into...HEAVILY.
And I wouldn’t doubt, if these chumps knew they were on their last leg, that this would
be the big kapooooweeey, the next few months leading up to November.
If your going to jail, possibly for life, why not PUMP and dump the markets into oblivion??
We will know soon enough what is going to happen...a break of 10k this week will prove
the point, that this is going to be the one the pump, they cash out, and secure money
to live possibly on the run for the rest of their lives.
So, what I would like to finish this episode off with, is just a little speel, of what
I see coming.
ALTCOINS, are going to be pumped, and dumped, and pumped and dumped.
Whales who are still bagholding, on the inside, need to get rid of their shat, so PUMP those
alts.
And like I said, I wouldn’t doubt BTC touches or get near its old all time high of 20k this
summer, and when it does, you should think about exiting...those involved will be.
Cheers viewers I’ll see you next time!