Tether CEO Paolo Ardoino responded to allegations that the company is under investigation by the United States Department of Justice and the Treasury, assuring that there is no indication of such an investigation and dismissing the claims as regurgitated old noise.

Ardoino presented a breakdown of Tether's reserve assets, revealing that the company holds approximately $100 billion in US treasuries, over 82,000 Bitcoin, valued at roughly $5.5 billion, and 48 tons of gold, emphasizing transparency amid the uncertainty caused by the allegations.

Tether has a history of collaborating with law enforcement agencies to recover stolen digital assets and prevent illicit transactions, assisting in the recovery of approximately $109 million used in illegal activities since 2014. Show Less