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Hard to know if this narrative is on target or not. Tether is a huge question mark.
 

Trump administration ends Polymarket investigations without charges​

  • The Justice Department and the Commodity Futures Trading Commission have ended their investigations of online prediction betting site Polymarket without bringing any charges.
  • The conclusion of the probes is the latest example of the Trump administration dropping actions initiated under the Biden administration against crypto companies or online betting markets.
  • The Justice Department and CFTC had been investigating whether Polymarket was accepting bets from people in the United States
Two federal investigations of the online prediction betting site Polymarket have been closed with no charges filed against the cryptocurrency-based marketplace, a person familiar with the matter told CNBC on Tuesday.

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Not sure if this is a big deal or not likely to move the needle - I have no idea how many Americans actually use Telegram:

 
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