Tether CEO denies US probe despite possible violations of sanctions and anti-money laundering rules

From Investing.com

October 25, 2024 4:01:05 pm:

Tether’s CEO denies company is under investigation by U.S. authorities despite Wall Street Journal report probing possible violations of sanctions and anti-money laundering rules. Tether, the world’s largest stablecoin, is being scrutinized for potential illegal activity funding through cryptocurrency use. Treasury Department weighing sanctions on Tether for connections to sanctioned groups.

Read more at Investing.com: Tether CEO says he sees no indication of US probe By Reuters