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:商业观察)
- ·机构加仓、生态势头良好,比特币牛市延续有戏?
- ·加密早报:以太坊基金会资金储备充足可维持 10 年,Bybit 将上线 Catizen
- ·ETH突破2500美元关口,24小时涨幅达0.72%
- ·Skale推出BITE协议解决恶意MEV攻击问题
- ·自己注册个公司只为了开票可以吗
- ·特朗普承诺降低药品价格将在亚洲市场引发冲击波
- ·请问武汉住房公积金贷款利率是多少呢?想在武汉申请公积金贷款买房。
- ·全球数字货币交易平台排行榜 虚拟货币十大交易所app下载
- ·“你不能强迫别人选择你”,柴犬团队坚持成长和进步
- ·OAX (OAX) 如果购买?OAX (OAX) 上线了哪些交易所?
- ·资金回正是什么意思
- ·hdbit交易所
- ·火币美元提现
- ·XRP未来价格预测:怀疑论者或将错失暴涨良机
- ·想问问光大银行信用卡需不需要到营业网点激活啊?
- ·Conflux (CFX)购买指南及交易所推荐
- · 亿欧app下载
- · 虚拟货币交易
- · 0kx交易所官网
- · 十大虚拟货币交易平台app
- · oe交易所app下载
- · okx官方
- · 虚拟货币交易平台有哪些
- · 易欧app官网下载
- · 欧易最新版本
- · OK交易所官网入口登录