Tether CEO refutes Wall Street Journal allegations and reveals USDT reserve assets
Lugano, Switzerland - At a recent PlanB event, Tether CEO Paolo Ardoino publicly introduced the reserve asset portfolio supporting the company's Tether USD stablecoin (USDT) and responded to reports from The Wall Street Journal that Tether is under investigation by the US Department of Justice and Treasury. Ardoino strongly denies these allegations and accuses the report of being "just a rehash of old news".
USDT reserve assets
According to the report, Ardoino mentioned in his speech that Tether's asset portfolio includes about $100 billion of US treasury bond bonds, more than 82000 bitcoins (about $5.5 billion based on the current market value), and 48 tons of gold. He pointed out that these assets aim to provide stable support for the market and cope with the volatility of the cryptocurrency market and the uncertainty of investors.
Responding to 'false' accusations
After the Wall Street Journal published an article on October 25th, the report quickly caught the attention of the cryptocurrency community. The report states that US authorities suspect Tether of violating anti money laundering laws and US sanctions, and are conducting an investigation into it. Ardoino responded to this: "As we told The Wall Street Journal, there is no indication that Tether is under investigation. This article is just a rehash of old news." He also added that Tether has been cooperating with law enforcement agencies and actively involved in recovering stolen digital assets and freezing illegal transactions.
Tether has released data showing that since 2014, the company has assisted law enforcement agencies in recovering approximately $109 million for illegal activities such as fraud, evasion of sanctions, and cybercrime. Ardoino stated that Tether and law enforcement agencies maintain close cooperation to prevent USDT from being exploited by criminals, and emphasized that "we will know if we are under investigation, and these allegations are purely false
USDT continues to grow
Ardoino also mentioned that the regulatory policies for cryptocurrencies in the United States are lagging behind those of other countries, leading some innovative digital asset companies to relocate to regions with more favorable regulatory environments. However, he is optimistic about the potential changes that may occur in this situation after the 2024 US presidential election.
As of October 2024, Tether's USDT market value has reached $120 billion, further consolidating its leadership position in the stablecoin market. Investors and speculators generally believe that this marks a positive signal for the cryptocurrency market and anticipate that prices may continue to rise in the coming weeks and months.
相关文章:
- 阴谋集团丝滑上所,社区却被打脸?Neiro 大小写之争到底怎么个事
- 当心芯片潮热度退散!韩国半导体产量一年多来首次同比下降
- 全网1小时爆仓超6000万美元,BTC占大头
- 对方不开增值税专票怎么办
- BitMEX founder Arthur Hayes takes profits from short positions, optimistic about US money printing driving Bitcoin up
- cdt币今日价格
- achain币当前价格-achain币值得投资吗
- 芝麻交易所区块链app下载-芝麻交易所ouyi区块链平台无毒版v6.5.0下载入口
- SHIB即将迎来最危险季度:夏季市场前景堪忧
- nest币交易所-nest币上线几家交易所