{"id":140633,"date":"2024-10-25T21:30:04","date_gmt":"2024-10-25T18:30:04","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=140633"},"modified":"2024-10-25T21:32:16","modified_gmt":"2024-10-25T18:32:16","slug":"tether-ceo-denies-investigation-rumours","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/tether-ceo-denies-investigation-rumours\/","title":{"rendered":"Tether CEO Denies Investigation Rumours"},"content":{"rendered":"<p>As per the rumours, which started from a Wall Street Journal piece, prosecutors from the Manhattan U.S. Attorney\u2019s office allegedly launced a probe into <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/tether\/\">Tether\u2019s<\/a> <\/strong>stablecoin for facilitated transactions for illicit activities\u2014such as drug trafficking, terrorism, and cybercrime.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-140579\" href=\"\" title=\"\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\"><\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>These rumours spread like wildfire and the whole crypto community was shocked, whilst the market experiencing a sudden decline.<\/p>\n<p>Moments ago Tether\u2019s Chief Executive Officer, Paolo Ardoino, made an official <strong><a href=\"https:\/\/x.com\/paoloardoino\/status\/1849876338573799912\" rel=\"nofollow\">announcement<\/a> <\/strong>on X, rebuking these allegations, stating:<\/p>\n<blockquote><p><em><span style=\"font-family: inherit;\">As we told to WSJ there is no indication that Tether is under investigation. WSJ is regurgitating old noise. Full stop.<\/span><\/em><\/p><\/blockquote>\n<p>Despite his comments, the crypto market is experiencing higher volatility with Bitcoin dropping briefly below $67,000, but quickly surged to around $67,300. The total market cap of all cryptocurrencies declined by 2.22% to $2.27 trillion in the past 24 hours.<\/p>\n<p>Neverthless, TradingView\u2019s 1-day technical analysis shows that the santiment is still bullish with the summary pointing to \u201cbuy\u201d at 12 and moving averages showing \u201cstrong buy\u201d at 11.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rumours started swirling around X (previously Twitter) about federal investigators probing the stablecoin issuer Tether.<\/p>\n","protected":false},"author":9,"featured_media":24414,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"yes","_lmt_disable":"","footnotes":""},"categories":[26],"tags":[72,424,71],"coin_category":[],"class_list":["post-140633","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocrime","tag-bitcoin","tag-crypto","tag-stablecoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tether CEO Denies Investigation Rumours<\/title>\n<meta name=\"description\" content=\"Rumours started swirling around X (previously Twitter) about federal investigators probing the stablecoin issuer Tether.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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