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.
(责任编辑:财经专题)
- ·狗狗币现价格-狗狗币 价格
- ·ltc钱包恢复
- ·莱特币行情最新价
- ·比特币什么平台买? 比特币平台官网v1.7.9
- ·特朗普晚宴引发舆论哗然:场内奢华聚会,场外抗议声浪高涨
- ·bcw币私募价格-bzz私募币行情
- ·DNA币最初价格-dna币发行价
- ·bitcny行情
- ·区块链内容分发平台-区块链内容分发平台有哪些
- ·双杰电气收盘涨0.96%,主力资金净流出2884.54万元
- ·citycoin城市币价格
- ·1钱黄金多少克
- ·修改 Blob 的定价机制,是否真能让 ETH 突破困境?
- ·何一坦言CZ退出曾是Binance一大挑战;喊话华尔街放下成见与加密货币共荣
- ·ADA币最终价格
- ·卫星化学收盘跌0.11%,主力资金净流出2314.82万元
- · okcoin交易平台
- · 亿欧app下载
- · 虚拟货币交易平台排名
- · 数字货币交易平台app
- · 亿欧交易所下载
- · 易欧app官网下载
- · 欧易交易所 电脑
- · okx网页版
- · okcoin下载官方app
- · 虚拟货币交易