Tether's CEO, Paolo Ardoino, has denied reports claiming the company is under investigation by the U.S. government regarding violations of sanctions and anti-money-laundering laws. In a Twitter statement, Ardoino asserted that there is 'no indication' Tether is being investigated and criticized the Wall Street Journal for spreading what he called 'old noise.' The article cited unnamed sources and suggested that federal prosecutors were examining Tether's potential links to criminal activities, including drug trafficking. Tether emphasized its commitment to transparency and cooperation with law enforcement against misuse of its cryptocurrency. The company has faced scrutiny over its reserves and backing, but Ardoino defended Tether's reputation and financial practices. The accusations are reminiscent of past investigations, but Ardoino insists that no formal inquiries are active, labeling the media coverage as speculative and irresponsible.

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