Tether CEO Denies Allegations Amid U.S. Investigation and Potential Sanctions

Tether CEO Paolo Ardoino refuted recent reports of a U.S. investigation into Tether, the world’s largest stablecoin issuer, over possible breaches of anti-money-laundering (AML) and sanctions regulations. The alleged probe, led by Manhattan federal prosecutors, seeks to determine whether Tether’s USDT stablecoin was used to support illegal activities such as money launderin...

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