Tether's CEO, Paolo Ardoino, has denied reports claiming that the company is under investigation by the U.S. government. In a tweet, Ardoino stated there was 'no indication' that Tether was being investigated for potential violations of sanctions and anti-money laundering laws, countering a report from The Wall Street Journal. The report suggested that prosecutors were examining whether Tether had been used for illicit activities, including drug trafficking. Ardoino criticized the WSJ for perpetuating 'old noise' and asserted that Tether is committed to cooperating with law enforcement to prevent misuse of its services. Additionally, a Tether spokesperson emphasized that the company has not received any knowledge of ongoing investigations and urged against publishing speculative articles without named sources.

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