The idea that large, savvy investors with millions to spend are going to put their money into a currency that's already had nearly a billion dollars seized and under investigation by the NY AG is simply not credible to me.
The best line is "Harborne said it was more a matter of bull-run optimism than cynical market manipulation"...except the transactions come first...
one need to buy a ticket _before_ boarding the train
here the ticket is Tether, and the train are exchanges (mostly Bitfinex)
Also if you get most of your BTC seized you're doing it wrong.
2. There's a big difference between "money gets seized sometimes" and "this shady bank that promises audits but never completes them had half its assets frozen".