Golden Finance reported that Nate Geraci, president of The ETF Store, shared a WSJ report about Tether: "Tether's chief financial officer Giancarlo Devasini privately stated earlier this year that Howard Lutnick would use his political influence to try to mitigate the threats facing Tether. Lutnick holds a majority stake in Cantor, which custodians the majority of Tether's $134 billion in assets. Cantor also apparently owns 5% of Tether." Previously, it was reported that Wall Street bond trading giant Cantor would acquire approximately 5% ownership interest in Tether.