😱Tether down due to a “supposed” federal money laundering investigation!
In the previous hours, the news that the United States Department of Justice (DOJ) has allegedly started an investigation into the issuer of the stablecoin USDT, Tether, for possible violations of anti-money laundering regulations has become popular in multiple economic media.
This unconfirmed information has caused the USDT to lose its parity with the metal dollar and started a liquidation of part of the cryptocurrency market.
IT IS NOT CONFIRMED THAT THE ISSUER OF TETHER IS UNDER FEDERAL INVESTIGATION!
Despite the multiple news stories that replicate the information that originally emerged in the Wall Street Journal, Tether CEO Paolo Ardoino mentioned in a post on X that they had informed the Wall Street Journal that there are no indications that the cryptocurrency company is under investigation.
In addition, I add on X:
“The WSJ is regurgitating old noises. Full stop.”
Will the investigation be confirmed?