Tuesday , March 19 2024
Home / Crypto news / Tether Calls Recent Bloomberg Report of an Alleged DOJ Probe Clickbait

Tether Calls Recent Bloomberg Report of an Alleged DOJ Probe Clickbait

Summary:
Tether just issued a brief response to a Bloomberg article published earlier today, alleging that the company’s executives are facing a criminal probe into Bank Fraud.  Tether implies that Bloomberg’s claims are recycled, pointing out that the article is based on unnamed sources and stale, years-old allegations. The stablecoin issuer considers the article as part of a continued effort to discredit them while being “patently designed to generate clicks.” Tether says that they have a commitment to “co-operation, transparency, and accountability and that they have maintained an open dialogue with the DOJ as a part of that commitment.  The statement concludes by saying they will continue “business as usual” and remain focused on how to best serve their customers. Bloomberg’s

Topics:
Andrew Throuvalas considers the following as important:

This could be interesting, too:

Wayne Jones writes Binance Personnel Cleared of Insider Trading Allegations in BOME Controversy

Chayanika Deka writes Digital Asset Inflows Skyrocket to .9B YTD, Shattering 2021 Records: CoinShares

Chayanika Deka writes Bitcoin Rebounds But Concerns Mount as Ethereum’s Perpetual Funding Turns Negative

Mandy Williams writes Here’s the Number of ETH Holders in Profit as Price Dips 11%

Tether just issued a brief response to a Bloomberg article published earlier today, alleging that the company’s executives are facing a criminal probe into Bank Fraud. 

  • Tether implies that Bloomberg’s claims are recycled, pointing out that the article is based on unnamed sources and stale, years-old allegations.
  • The stablecoin issuer considers the article as part of a continued effort to discredit them while being “patently designed to generate clicks.”
  • Tether says that they have a commitment to “co-operation, transparency, and accountability and that they have maintained an open dialogue with the DOJ as a part of that commitment. 
  • The statement concludes by saying they will continue “business as usual” and remain focused on how to best serve their customers.

Bloomberg’s alleged DOJ investigation specifically questions whether Tether’s past activities were known by banks to be involved with cryptocurrency.

You Might Also Like:

Leave a Reply

Your email address will not be published. Required fields are marked *