Unlock your trading potential! Become a verified Bitget elite trader and earn 10,000 USDT to help skyrocket your profits. Join now and start your journey to success!
Tether CEO Paolo Ardoino stated, “There is no indication that Tether is under investigation.”
The U.S. government is investigating Tether, the world’s largest stablecoin, over concerns it may be linked to illegal activities yet again. This is not the first time Tether is locking horns with the US government, this is 19th time.
On Friday, the Wall Street Journal reported that senior officials from the Manhattan U.S. Attorney’s office are probing whether Tether has been used by others to fund illegal activities. Tether, which operates under the ticker USDT, is known for its pseudonymity and resistance to chargebacks, making it attractive for illicit purposes.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.