Tether hearing and related issues

The hearing begins at 12 p.m. Korean time (= 2.7. 0 a.m. Eastern time in the United States)

The Tedder Company has reached the Bank of Hong Kong-based Paper Companier on Virgin Islands.
Starting November 2017.11 the United States banned Americans from trading on Bit-FINEX and Welspago Bank, which pulled down Bit-FINEX and connected accounts for Americans, unilaterally quit Bit-FINEX contracts.

Since tethers and BiFinex are not U.S. companies and their U.S. business ties are severed,
There is no way to respond to subpoenas from the United States or to forcibly summon from the United States, so it is a matter of no tether to the United States because it continued to issue subpoenas last December.

The U.S. government does not have the authority to investigate foreign business tethers and bits FINEX whether they really match the dollar and therefore whether the Chinese government looks into the dollar or not, or whether they voluntarily sell the bank's balance on a bit-fixer basis.
Only bit FINEX knows whether the tether is really 1:1 with the dollar

Therefore, it is likely that this hearing will not reach a conclusion on whether the tether is equal to the dollar.

Because the U.S. is strongly suspected of tethers and has already closed down its dealings with BitTechne, there is no reason to worry about BitTecNEX or its investors during this hearing.
Therefore, it is highly likely that this hearing will impose strict regulations on tethers until suspicions are resolved, unless BeatFIX immediately releases reliable materials.

The conclusion above is likely to draw out provocative articles in the media, such as the U.S. government's consideration of tethers as scamps.

In effect, when a tether is defined as a scam, many say the demand to exchange the tether for a different virtual currency will result in a temporary price pumping, but many say that it is due to the expected decline in the reliability of the virtual currency