161 Letters of Support for Binance's CZ; Tether's Latest $200M Investment

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'CoinDesk Daily' host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as a Washington court received 161 letters of support for Binance co-founder Changpeng “CZ” Zhao. Plus, crypto markets are in the red amid renewed fears of U.S.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as a Washington court received 161 letters of support for Binance co-founder Changpeng “CZ” Zhao.

161 letters have poured into the court asking for leniency for CZ and Tether invests in a brain computer interface company. You're watching coin desk daily. I'm your host, Jen Sani crypto. Markets are in the red amid new fears of us stagflation. A worst case scenario for risk assets. The market appears to be on a precipice right now as it debates which direction to take while significant bullish and bearish narratives are on the horizon.

 

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