CFTC and Tether: Investigations in the New York Markets

Sunday, 27 October 2024, 19:30

CFTC is investigating Tether in New York markets over serious allegations. Recent reports suggest potential links to money laundering and illegal activities. Tether's rebuttal emphasizes transparency in operations.
Thestreet
CFTC and Tether: Investigations in the New York Markets

CFTC's Investigative Actions

Recent developments indicate that the CFTC is scrutinizing Tether concerning operations in New York markets. The allegations revolve around potential connections to illegal funding practices, including money laundering. Tether firmly denies these claims and stresses its commitment to regulatory compliance.

Tether's Response to Allegations

  • Tether asserts it operates within regulatory frameworks.
  • Officials emphasize transparency in transactions.
  • Potential impacts on market stability are under review.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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