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El Salvador’s current ownership is 1,391 #Bitcoin. At current prices, the holdings are potentially down between $10-20M, Moody’s estimates. President #NayibBukele has said he buys the #cryptocurrency using his phone, but the government doesn’t publish data on its holdings. (2/5)
express the notetakers’ own thinking or reflect deliberations or communications among SEC staff, the SEC may seek leave for limited redactions. Defendants’ motion is otherwise DENIED."
Question number 5. This is going to be so much fun! 🙈
The new bitcoin bond will have an annual coupon of 6.5% far below the prevailing interest rate on the country’s existing overseas bonds, which have seen yields spiral higher this year as investors baulk at the increasingly unorthodox direction of #Bukele’s economic policy. 2/4
They falsely claim that the CFTC order didn't find any "issues relating to Tether’s current operations." FALSE. CFTC scope of investigation included the time period from Jun 1, 2016 - Feb 25, 2019. Therefore, CFTC did not investigate any activities before & beyond this period. /2 
