Tether CEO Denies Allegations Amid U.S. Investigation and Potential Sanctions

Tether CEO Denies Allegations Amid U.S. Investigation and Potential Sanctions

Tether CEO Paolo Ardoino refuted recent reports of a U.S. investigation into Tether, the world’s largest stablecoin issuer, over possible breaches of anti-money-laundering (AML) and sanctions regulations. The alleged probe, led by Manhattan federal prosecutors, seeks to determine whether Tether’s USDT stablecoin was used to support illegal activities such as money laundering, drug trafficking, or terrorism financing, according to The Wall Str...

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