Tether CEO - “We’ve never been shady”

https://www.theguardian.com/technology/2025/mar/07/tether-crypto-trump-interview

created by Dongerated on 09/03/2025 at 22:01 UTC

54 upvotes, 24 top-level comments (showing 24)

Comments

Comment by holyknight00 at 09/03/2025 at 22:06 UTC

29 upvotes, 1 direct replies

That's exactly what a shady person would say

Comment by AgitatedDragonfly769 at 09/03/2025 at 22:03 UTC

31 upvotes, 1 direct replies

We totally believe you bro....

Comment by coinfeeds-bot at 09/03/2025 at 22:10 UTC

9 upvotes, 1 direct replies

tldr; Tether CEO Paolo Ardoino discussed the company's evolution from being scrutinized by regulators to becoming a major player in the financial system. Tether, the most traded cryptocurrency, is pegged to the US dollar and backed by assets like treasury bonds. Ardoino emphasized Tether's cooperation with law enforcement and its role in promoting US dollar dominance globally. He also addressed past regulatory challenges, the company's transparency efforts, and its ability to combat illicit activities. Tether's relationship with Cantor Fitzgerald CEO Howard Lutnick, now in the Trump administration, was also highlighted.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Comment by CriticalCobraz at 09/03/2025 at 22:16 UTC

7 upvotes, 0 direct replies

gif [IMG]

Comment by Renowned_Molecule at 09/03/2025 at 22:54 UTC

11 upvotes, 0 direct replies

USDT = USD Trash. Allow for a full audit instead of worthless attestations, please.

Comment by ThatBCHGuy at 09/03/2025 at 22:15 UTC

7 upvotes, 0 direct replies

Lol

Comment by Mikkelet at 09/03/2025 at 23:22 UTC

5 upvotes, 1 direct replies

Then get audited?

Comment by hoya_doing at 09/03/2025 at 22:51 UTC

4 upvotes, 0 direct replies

Definitely not something a shady entity would say. You tell'em how not so shady you are mate! You tell'em!

Comment by Lemon_Club at 09/03/2025 at 23:36 UTC

2 upvotes, 0 direct replies

"Steady lads"

Comment by complexmessiah7 at 10/03/2025 at 05:57 UTC

2 upvotes, 0 direct replies

Oh alright then, nothing to worry about here folks 😊👍🏼

Will the real shady please stand up?

Comment by cftygg at 10/03/2025 at 08:58 UTC

2 upvotes, 0 direct replies

We investigated ourselves and found nothing wrong.

Comment by ThinNeighborhood2276 at 10/03/2025 at 11:51 UTC

2 upvotes, 0 direct replies

Can you provide more details or examples to support this claim?

Comment by NotMyMainLoLzy at 09/03/2025 at 22:11 UTC

3 upvotes, 0 direct replies

Today on “Unsolved Mysteries”

Comment by Rokey76 at 09/03/2025 at 23:20 UTC

3 upvotes, 1 direct replies

Tell me again where Tether is headquartered?

Comment by dataCollector42069 at 09/03/2025 at 22:58 UTC

2 upvotes, 0 direct replies

Legit businesses do not need to state this

Comment by Affectionate_Bass273 at 10/03/2025 at 00:30 UTC

2 upvotes, 1 direct replies

That basically reads like the opposite to anyone with an ounce of critical thinking

Comment by AnyPortInAHurricane at 10/03/2025 at 01:09 UTC

1 upvotes, 0 direct replies

everything about crypto from day 1 = shady = suspicious = manipulated = botted

Comment by _burning_flowers_ at 10/03/2025 at 01:50 UTC

1 upvotes, 0 direct replies

Oh ok. Now that we have that cleared up! Why didn't just say that to begin with?

Comment by Proj3ctPurp1e at 10/03/2025 at 02:33 UTC

1 upvotes, 0 direct replies

That nose should be getting pretty long right about now.

Comment by antaran at 10/03/2025 at 03:30 UTC

1 upvotes, 0 direct replies

Statement of the New York Attorny General[1] when they were banned in New York in 2021.

1: https://ag.ny.gov/press-release/2021/attorney-general-james-ends-virtual-currency-trading-platform-bitfinexs-illegal

However, an investigation by the Office of the Attorney General (OAG) found that iFinex — the operator of Bitfinex — and Tether made false statements about the backing of the “tether” stablecoin, and about the movement of hundreds of millions of dollars between the two companies to cover up the truth about massive losses by Bitfinex.

--------------------------------------------------------------------------------

“Bitfinex and Tether recklessly and unlawfully covered-up massive financial losses to keep their scheme going and protect their bottom lines,” said Attorney General James. “Tether’s claims that its virtual currency was fully backed by U.S. dollars at all times was a lie.