Tether denied WSJ accusations of using fake documents to open bank accounts – Bits Media

Yesterday, 3 Martha, The publication Wall Street Journal has released an article, which accused of Tether's management of using fake documents to open bank accounts in 2018 year. The company denied the charges.

According to the article WSJ, in 2018 year representatives of Tether opened Bank accounts, Using the documents of the heads of various companies. At the same time, they slightly changed the names of firms. The purpose of this was to maintain access to the financial system after the closure of Crypto Capital Corp - the so -called "shadow bank", who kept Tether and was closed by the authorities in 2018 year.

but, Technical Director Tether Paolo Ardoino (Paolo Ardoino) He called these accusations "absolutely groundless and wrong". He stressed, that “unfair attacks” by WSJ do not prevent Tether from continuing to release “the most liquid and reliable stablecoin in the market”.

“I like this obsession with Tether. Hope, WSJ will not start demanding a rent from us, After all, we securely fixed in their heads, for now, for free", —The coherent Ardoino.

Earlier, Wall Street Journal has repeatedly accused Tether of various sins. So, At the end of last year, the publication said, that Tether issued unsecured loans.