egg yolk what is going on with my people
the samurai army in any newbie who can be considered a viewer of the - my name is Dima host of the crypto channel that needs to replace clip from Monday are you on Instagram now let's just watch this clip from a 1947 French film you
love the city the bus you're not good
you know how the French predicted it
it's time for Samurai crypto well today
decides it will the markets be bullish
for the 4th like I predicted yesterday
will they be pumping for America's day
of Independence well as we know that
June jobs report came out and it was
better than expected four point eight
million net payrolls were added an
unemployment came out lower than
expected at 11.1% thus the Dow yesterday
had a big old opening pump and then a
slight dump and then it settled down
into a range over 231 points more than
yesterday the stock markets they were up
but Bitcoin it went down
what the Freak Tyler I thought the two
were correlated well I didn't see this
coming and I don't think anyone did the
biggest news to rock the crypto markets
was dropped yesterday and coin Telegraph
dropped the news in an article titled
BitFenix investor reportedly detained by
Chinese authorities with the sub heading
that says Zhou dong was taken into
custody by the police with no official
statement as to his detention the
article states were reports circulating
in Chinese media alleges a dong
head of the over-the-counter crypto
lending platform renren bit has been
detained by local police the validity of
these reports is not known at this time
son se dong is currently in a police
station in hang Zoo others claim he is
in yang Cheng although a
you gram of sino global capital said
this on Twitter seems confirm that
rinrin bit CEO xiaotong has in fact been
detained by hang zoo police it's
extremely important to be clear that
number one detained is not the same as
arrested number two it does not
necessarily follow that this is in
relation to rinrin bits business
operations I'm sure it has nothing to do
with his OTC operations and involvement
with tether us DT yeah what you're
saying Matt is a bunch of BS and that is
most likely what it has to do with
because your boy Chico has been covering
xiaotong his relation to tether and one
more that is not talked about by anyone
finance let's watch a previous clip of
mine in which I covered the connection
now remember Zhao dong bits neck
shareholder he is extremely tight with
bits necks even posting this picture
with CFO Giancarlo Devin EC claiming to
have seen tether bank accounts fully
fully fully full well Zhao isn't only a
shareholder in BitFenix but he's also an
angel investor and advisor in finance
according to the first release of their
white paper need more evidence that cz
is a part of the tether cartel how about
this conversation with the crypto art
now I did want to ask you as well
there's been a lot of accusations made
against the guys over at tether how do
you feel about that situation what what
are your thoughts on it my general
feeling is that there's always more
flood in the community than there are
positive things so and the father
usually more usually more over reactive
I did meet with the key guy from before
next in person a few day couple of weeks
ago and we did talk about this issue and
there was a couple of other guys who I
trust to a pretty high degree they said
they had a look at that accounts yes cz
met with the tether execs and a couple
people he trusts looked into their
accounts a que vão dong so thou is
connected closely to both tether execs
and finance execs
I wonder why investor of course but what
does he provide for them well let's just
look at a rinrin bit timeline they were
created in august of 2018
i wonder what was going on with tether
us dt during that time
well let's look at another nice timeline
of events put together by Amy caster in
June banking problem started with no
bank their banking relationship going
down the drain and then another banking
relationship with HSBC goes kaput so
just a coincidence as a launch run run
bit then an OTC desk would step directly
in tether know they needed cash money
pit the next and tether so the plan was
to take Bitcoin from Chinese investors
through OTC uset trades and get cash
flowing because as we know they lost 850
million dollars of it then going back to
that rinrin bit timeline after rinrin
launched wallet apps and trading
super-quick they supported the BitFenix
le o token sale and Zhou was a major
component of winning Chinese trust back
in BitFenix and Ezard okay Tyler I get
he is connected to tether and is a major
component of OTC trading in China how is
this bad for the likes of Finance
besides them being an investor while
Yahoo covered the rest a bit deeper in
an article title China police said to
detain crypto OTC traders amid money
laundering crackdown and the article
says as Chinese police step up efforts
to crack down on illegal economic
activities crypto over-the-counter
traders are being detained to assist
investigations and another sign Chinese
law enforcement are targeting crypto
currency trading so dong a prominent
Chinese crypto OTC trader and the
co-founder of crypto lending platform
rinrin bit has been held up by police in
the city of Hangzhou it continues to say
as the rumor drew wider attention given
Zhou's prominent status a representative
of rinrin bit said in a statement on
social media platform Weibo that one
unnamed OTC trading desk in Beijing had
its whole team taken away by police late
last month it does not appear that any
of the OTC traders were outright
arrested rinrin bit said south who was
involved in the OTC team but not
involved in the day-to-day trades
returned to China from Japan in early
June and is now actively assisting local
police and anti-fraud and anti-money
laundering invest
jayson's yeah oh he is a pawn for police
giving away details to save his own
bootay and look at this coin Telegraph
article posted in June of last month
finance reportedly trades crypto in
China despite ban says it runs test site
in the article it says top crypto
Exchange Finance seems to be providing
trading services for mainland Chinese
customers
despite the local ban a report published
yesterday by China National Radio or CN
r alleges according to CN r finance CEO
Chang Feng Zhao also known as C Z has
been promoting a website called Finance
gh comm on his Weibo page and then in
September of last year by Nance
announced that they would be launching a
Fiat to crypto OTC desk for the Chinese
yuan was cz stepping on some toes
Chico thinks so but this goes deeper and
I covered what was going on in the video
posted in January of this year with a
video titled bitcoins deadly use case
revealed China cartels and druga money
laundering of course that video is in
the description if you want the full
picture but we're going to watch what is
important right now the rogue hundred
OTC desk finance and Hawaa be financed
wahby and other crypto exchanges across
the globe are indirectly or directly
involved with a massive money-laundering
operation which involves a Chinese mafia
Mexican cartels Chinese underground
banking systems in Chinese OTC crypto
brokers so let's begin with the OTC
brokers as they were named in the chain
alice's report they called these brokers
who specialized in moving illegal funds
the rogue 100 and the rogue hundred is
moving hundreds of millions of dollars
with total volumes increasing month by
month since 2017 the chain alysus report
describes what the rogue one hundred
does very well the problem however is
that while most OTC brokers run a
legitimate business some of them
specialize in providing money laundering
services to criminals
OTC brokers typically have a lower kyc
requirement than the exchanges they
operate on many of them take advantage
of this laxity and help criminals
launder and cash out funds usually first
by exchanging Bitcoin and other
cryptocurrencies and to tether as a
stable intermediary currency before they
presumably cash out into Fiat which
happens in a complex web always
involving more than one OTC broker by
analyzing their transactions in the
chain Alice's reactor they visualize how
to corrupt OTC brokers taken funds from
criminal sources on the far left we see
funds start at a criminal entity move
through an intermediary wallet and then
move on to two OTC brokers both of whom
are on the road hundred lists the OTC
brokers then move the funds to Wobby
most likely to be converted to USD T
they also visualize an example of how
corrupt OTC brokers frequently transact
with one another moving millions upon
millions worth of BTC back and forth
through each other to try and trick
analysis software and hide the trail but
tether USD T is highly important to
those OTC deaths as it keeps the
criminal clients value stable until they
are ready to cash out into fiat well I
wonder which exchanges have the most
tether according to the tether rich list
number one finance number two fine hands
number three Wahby number four Wahby
how about we just look at the volume by
currency breakdown for finance and
Halabi 80% USD T or over for each of the
exchanges finance being slightly worse
than hobby which makes sense because
according to chain alysus
they were receiving slightly more
illicit funds so the reason for these
high tether amounts on these exchanges
is because these OTC desks need to keep
criminal funds stable before cashing out
on the Fiat exchanges another OTC desk
which provides fiat services and more so
again if you want to see the full
connections to the Droog US and cartels
please find the vid in the description
but the point is this that finance and
wahby they are relying on these OTC
desks to keep that volume flow in and if
they are shut down and nullified things
are not going to be good for either of
those exchanges and their coins and
investigations being performed might
just lead police right back to the execs
of each exchange who worked very closely
together because of the money laundering
and
actions back to funds being moved for
the druga cartels I can guarantee you
this is pressure from the United States
to shut down the rogue hundred Chinese
OTC deaths which is a lifeline of
Finance Wahby
which makes it a lifeline of BitFenix
and tether so what is going to happen to
Bitcoin are the markets going to tumble
well I can tell you this it's good to
stop illegal activity like that but we
all know we're all tethered trading
volume comes from China and Bitcoin
right now relies on USD T to keep it
going
so it's ups to tether bits and X their
Chinese partners are going down like
Charlie Brown will they do a massive
print soon well they think they are the
feds so I wouldn't doubt it for a second
cheers viewers I'll see you next time
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