Tether Celebrates 10 Years: CEO Paolo Ardoino Details Plans For The Future

Quick Summary:

On Sunday, Tether, the issuing company behind the largest and most widely used stablecoin on the market USDT, marked a significant turning point by celebrating its 10th anniversary.

This collaboration with law enforcement has been significant, with the Department of Justice acknowledging Tether’s assistance in freezing illicit funds.

Allegations suggest that the company has enabled sanctioned countries, such as North Korea, Russia, and Iran, to avoid traditional financial systems, contributing to crime and terrorism.

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Article Details

Author / Journalist: Ronaldo Marquez

Category: Crypto

Markets: HungaryNorth Korea

Topics: Crypto news Crypto regulation Tether Stablecoin Tether (USDT) Cryptocurrency Tether Holdings Digital currency DeFi Tether Tether news Tether CEO Crypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-09 @ 16:00:24 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 500 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 22969913

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About Bitcoinist

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News Last Updated: 9 hours ago

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