Issues related to the Bitcoin crash
Tether's 30 trillion won amount is in bills, and most of them are issued in Hong Kong and China.
First of all, it is said from above that I did not join the Hengda group (Evergrande is the Hengda group).
It is estimated that most of the money will go into real estate.
Now here, Michael Burry makes a more meaningful statement.
It is said that the majority of funds in China come from virtual currencies.
Risks from China come from Bitcoin and Tether, and will it eventually shake the cryptocurrency market?