๐ฉ Brad Garlinghouse suggests that the US government is targeting Tether
๐คต Brad Garlinghouse, the CEO of Ripple, recently hinted that Tether, the issuer of USDT, might be the next focus of regulatory scrutiny by the US government. Garlinghouse emphasizes Tether's significant role within the cryptocurrency market system but expresses uncertainty regarding the potential repercussions on the market.
๐ Several months ago, government agency reports suggested that Tether (USDT) was utilized as a payment method by terrorist organizations, for illicit financing, and money laundering. Tether's executives responded to these allegations by affirming that USDT had never been involved in large-scale illegal activities and that any minor instances of misuse had been promptly addressed.