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Introducing Real Money: The Hunt for Tether's Billions

Introducing Real Money: The Hunt for Tether's Billions

FromReal Money


Introducing Real Money: The Hunt for Tether's Billions

FromReal Money

ratings:
Length:
3 minutes
Released:
Dec 16, 2022
Format:
Podcast episode

Description

The world of cryptocurrencies is shaking. It might be just one domino-fall away from a complete crash, and that domino has a name. It’s called Tether. Tether is a crypto coin that holds up the entire cryptocurrency industry. There are over 70 billion Tethers in circulation and for every Tether that exists, a dollar should sit in a bank somewhere. But no one has seen the money it claims to have in the bank and now little-known company that specialises in financial detective work has offered a million dollar bounty to anyone who can find it.The people who might have this information are as hard to pin down as the company’s accounts. But Bafta and Emmy winning reporter Aleks Krotoski is on the hunt for the people, the proof, and, oh yes: the million dollars. The Tether story is not just about crypto. It’s about power, accountability and trust - and how far we’ll go when we want to believe that something is real.From the investigative team at Tortoise who brought you Sweet Bobby and Hoaxed, this is Real Money: The Hunt for Tether's Billions.Launching Tuesday January 17th 2023. Follow the feed to find out first.To listen and read to more of Tortoise's investigative journalism visit http://tortoisemedia.com/realmoney Hosted on Acast. See acast.com/privacy for more information.
Released:
Dec 16, 2022
Format:
Podcast episode

Titles in the series (7)

The world of cryptocurrencies is shaking. It might be just one domino-fall away from a complete crash, and that domino has a name. It’s called Tether. Tether is a crypto coin that holds up the entire cryptocurrency industry. There are over 70 billion Tethers in circulation and for every Tether that exists, a dollar should sit in a bank somewhere. But no one has seen the money it claims to have in the bank and now little-known company that specialises in financial detective work has offered a million dollar bounty to anyone who can find it.The people who might have this information are as hard to pin down as the company’s accounts. But Bafta and Emmy winning reporter Aleks Krotoski is on the hunt for the people, the proof, and, oh yes: the million dollars. The Tether story is not just about crypto. It’s about power, accountability and trust - and how far we’ll go when we want to believe that something is real.From the investigative team at Tortoise who brought you Sweet Bobby and Hoaxed, this is Real Money: The Hunt for Tether's Billions.Launching January 17th 2023. Follow the feed to find out first.To listen and read to more of Tortoise's investigative journalism visit http://tortoisemedia.com/realmoney2642129278bac00fc24387f481b522214d2e6be8 Hosted on Acast. See acast.com/privacy for more information.