According to official news, Tether recently issued a statement saying that it was extremely irresponsible for the Wall Street Journal to write articles with reckless accusations so confidently without officially confirming the rumors and revealing the source of the news. Tether confirmed that it knew nothing about any such investigation of the company and that these reports were entirely based on speculation.
The article also concealed Tether's well-documented extensive transactions with law enforcement agencies, which are aimed at combating bad actors who attempt to abuse Tether and other cryptocurrencies.
Yesterday, Tether CEO Paolo Ardoino once again posted on the X platform in response to the Wall Street Journal's report that "the U.S. Treasury is considering imposing sanctions on Tether," saying: "At Tether, we often deal directly with law enforcement officials to help prevent rogue countries, terrorists and criminals from abusing USDT. If we are investigated as the article falsely claims, we will know. Based on this, we can confirm that the allegations in the article are absolutely wrong."