

Tether CEO Paolo Ardoino recently clarified the company’s reserve assets, revealing that Tether holds about $100 billion in US Treasuries, over 82,000 BTC (around $5.5 billion), and 48 tons of gold to support USDT. This disclosure came in response to a Wall Street Journal report alleging a DoJ investigation into Tether for potential violations of anti-money laundering laws, which Ardoino denied, stating there is no indication of an investigation. He emphasized Tether's collaboration with law enforcement, highlighting its efforts in recovering $109 million tied to illicit activities. Source: Cointelegraph
