A major GBTC shareholder $4 Billion dollar hedge firm (Fir Tree) who is suing Greyscale for wrongdoing put a large short position on Tether last year that they said would pay off in a year, which is... this month.
Right as Gary started going after stablecoins AND WSJ published an article about Tether using pseudonyms to get around regulations.
Probably something going on there.