Now lets put everything in perspective:
1. South Korea officials shorted and screamed bann bitcoin . Luckely, the Koreans found out, now the Koreans can never ban bitcoin exchanges again, ever. They would look to corrupt. And low and behold the same South korean financial minister says now: We have no plans to ban any crypto currency exchange, we just want to regulate.
2. Media reports India banning bitcoin . This claim is false. Everyone can check that.
3. Tether is under attack by the elite media. Yes i do believe most of the media in the Western society is centralized and controlled by a few people. Now how can you call it journalism if you dont know if tether is legit or not, but still produce negative news about it.
And yeah the US using its subpoena power, The US the country that prints trillions of dollars out of thin air for a small group of private people and lets the Americans pay it back to them. I dare say America is the most corrupt nation in the world. How can anyone take their legal actions seriously in 2018?
Bitfinex makes 50 million dollars per day just out of trade fees! thats over 1.5 billion per month. They would only have to save for 2 months and they just have enough money to back tether. Tether and Bitfinex have the same CEO , so its one company no matter what they say:P