Tether CEO responds: There is no indication that Tether is under investigation

ChainCatcher news, Tether CEO Paolo Ardoino responded to the FUD news by stating, "As we told The Wall Street Journal, there is no indication that Tether is under investigation. The Wall Street Journal is just repeating old news."

Previously, The Wall Street Journal reported that the U.S. Treasury Department is considering sanctions against the stablecoin issuer Tether. According to informed sources, the federal government is investigating whether the cryptocurrency company Tether may have violated sanctions and anti-money laundering regulations.