WSJ News Exclusive | Tether Ownership and Company Weaknesses Revealed in Documents

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Tether operates a $68 billion stablecoin at the heart of crypto’s alternative financial universe. Yet the company’s founders and owners are an unusual bunch with scant experience at that scale of finance, according to trove of documents reviewed by WSJ.

Tether Holdings Ltd. operates a $68 billion stablecoin at the heart of crypto’s alternative financial universe.

Far more tether trades each day thanYet the company’s founders and owners are an unusual bunch with scant experience at that scale of finance. One founder was a child actor turned early crypto investor. Another founder and top shareholder practiced plastic surgery before turning to electronics importing and then crypto. One newer owner has gone deep into British politics.

 

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Tether brings essential payment solutions to millions of people and several businesses in developing regions. Despite being a means of sustenance and a way for many people to put food on the table, tether stablecoins nonetheless face this level of disrespect.

Nobody takes mainstream media seriously anymore, long live tether paoloardoino

Tether will bring down the entire crypto ecosystem.

🦖☄️

Tether is a well-managed and successful business that doesn't deserve this kind of treatment and gossip piece. I would be interested in reading more about how Tether helps millions of people in Emerging Market countries. That'd be a story for the Wall Street Journal.

Tether is the Epstein of crypto. The powers that be are just watching it all.

AND won't open their books to prove it's backed.

Can’t you just let us have one Pump in peace

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