Cryptocurrency sleuth John Perez talked about the recent issues in the crypto realm during the Dec. 6 episode of the "Health Ranger Report" with Mike Adams on Brighteon.TV. Perez touched on crypto's links to globalists and the issues surrounding stablecoin Tether.
Adams took the opportunity to clarify his stance toward Bitcoin. "Some people have misinterpreted my previous coverage of this topic into thinking that somehow, I'm attacking Bitcoin or attacking crypto. We're actually on the side of distributed finance and liberty, but we have to expose what the globalists are doing," he said.
"I'm here to warn you that the globalist cabal is attacking crypto. Perez has decoded how the globalists are doing it – how they plan to take down crypto from the peer-to-peer industry in order to discredit that, so they can drive everybody into the globalist-controlled crypto."
Perez compared his motive for exposing the globalists' attack on crypto to exposing the "hand behind the curtain." He said: "[It's] kind of like the Wizard of Oz, when he said 'Pay no attention to the man behind the curtain here.' It looks like the curtains here [are] being lifted."
He touched on the news about JPMorgan Chase Bank's links to both convicted sex offender Jeffrey Epstein and British socialite Ghislaine Maxwell. Epstein died in August 2019 while under the custody of a New York correctional facility, while authorities arrested Maxwell in July 2020.
According to a Bloomberg report, JPMorgan Executive Director Patrick McHugh revealed in testimony that Epstein wired a total of $30.7 million dollars to Maxwell through the bank in October 1999, September 2002 and June 2007.
Perez told Adams that this information is available on mainstream media sources. "This is open source information, this is all mainstream – you name it. There's plenty of publications … and it's just been an avalanche of information that will [bring] up more questions." (Related: We have DECODED the globalist plan to destroy Bitcoin and the DeFi crypto ecosystem… and they seek to replace it with heavily regulated digital wallets under totalitarian central bank control.)
Stablecoin Tether not so stable after all
The crypto sleuth also gave his take on the stablecoin Tether refusing to submit to a financial audit.
"The problem with Tether is that number one, it has not been audited. We don't know, nobody knows if they have the cash to back up a $65 billion [to] $70 billion market cap. The truth is: They don't have it. They don't have cash reserves. If there's a run on Tether, they're not going to be able to back it," Perez said.
"But after years of refusing to provide any audit of its reserves, Tether published an 'attestation' by a Caribbean auditing firm, Moore Cayman."
Despite this, Perez said the stablecoin is not yet out of the water. "There's a possibility that 20 percent to 30 percent of the [commercial] paper that's backing Tether [is] unaudited. It's only a letter saying this is what they have; it's not an official audit with a balance sheet and everything." (Related: James Rickards warns that Bitcoin and Tether cryptocurrencies are a massive, illegal fraud that will catastrophically collapse.)
While others see volatility, Perez sees a pattern
The crypto sleuth gave viewers a bit of a background about him. Perez said he has been involved in precious metals trading since after the 9/11 incident in 2001. His involvement in the stock market allowed him to dodge the 2008 real estate market crash by selling off properties in 2005 and 2006.
By the fourth quarter of 2005, Perez saw himself working for a company that reanalyzed loans from a large bank that failed before JPMorgan acquired it.
"I was pretty much the Chicken Little guy saying this [and] pretty much telling everyone 'Get out of real estate.' Of course, everyone just thought 'You're doom and gloom, you're wrong.' They laughed at me, and then the market crashed. It was almost a sideshow watching the markets crashed."
Perez also worked at securities firm Monex Group and got involved in silver and gold.
"It's a very difficult market trading it. You have a very deadly market; I don't recommend it. It's a widow-maker. When I started working [at Monex], I came right when we had a big crash in gold and silver. I was in training [and] I watched hundreds of millions go on margin calls, people getting wiped out with leverage. [The] first month I was there, I remember [saying] 'Wow, this is not a good thing.'"
Perez pointed out that the market was still trading normally during his time trading silver at Monex. "It was not manipulated and suppressed the way it is now. It's managed now. The market is no longer what it was."
His trading experience in both real estate and precious metals allowed him to notice a similar pattern in crypto. Perez elaborated: "When you have that kind of money in, you learn to read patterns. That's what set me up for watching the markets' volatility change."
"I started seeing the similarities in the crashes in silver as crypto came into the market [between] 2009 [and] 2010. I didn't pay attention to Bitcoin until [it was] about $100 per coin. That's when it got my attention. When it started making some really crazy swings, I started noticing that there's something familiar with these patterns here. It looks very much like a lot of different stocks that are manipulated, but more than anything it looked like silver – and that's when the red flags started going in."
Watch the full Dec. 8 episode of the "Health Ranger Report" with John Perez below. Tune in to the "Health Ranger Report" from Monday to Friday at 3-3:30 p.m. EST on Brighteon.TV.
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