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 Dima, 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 Samurai 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!