Tether CEO: The US government can kill USDT with the press of a button, and we won't fight against the authorities.

The 'Wall Street Journal' reported last weekend that U.S. prosecutors are investigating whether Tether is violating sanctions and anti-money laundering laws, and accusing USDT of being abused by illegal organizations. Tether's CEO recently denied this in an interview. (Background: WSJ: Tether is disrupting global sanctions with more than half of the USDT reserves managed by Wall Street institution Cantor Fitzgerald) The issuer of Stable Coin leading USDT, Tether, has long been questioned by the public. Last weekend, the 'Wall Street Journal' reported again that U.S. authorities are investigating whether Tether is involved in potential violations of sanctions and anti-money laundering laws. The report states that the U.S. Treasury has been considering sanctions against Tether because it has been used by sanctioned organizations such as Hamas and Russian arms dealers. The report also mentioned that Tether has been under investigation for bank fraud by its supporters for many years. Tether CEO: We will not fight the U.S. Tether CEO Paolo Ardoino recently stated in an interview with 'CoinDesk' that the company respects international sanctions and closely cooperates with law enforcement, acknowledging strong constraints from the U.S. government. Ardoino said: If the U.S. wants to kill us, they can do so with a press of a button, anywhere... We will not fight the U.S. He also added, 'We may not be the best at presenting ourselves, but it's important that we have incorporated the FBI into Tether's Compliance system.' We also received a thank-you letter from the Department of Justice...you know, we believe we are trying our best to comply with regulatory requirements. Earlier, Tether also issued a statement criticizing the 'Wall Street Journal' for publishing such definite and irresponsible accusations without any official confirmation or naming any sources. These reports are entirely based on pure speculation, although Tether has clearly stated that it is unaware of such investigations. The report also ignored Tether's close cooperation with law enforcement agencies, which aims to combat those who attempt to abuse Tether and other cryptocurrencies, and this has been well documented. The U.S. Federal Reserve controls Tether's U.S. Treasury reserves In addition, when asked whether the U.S. government might exert influence on Tether through its reserve assets held at Cantor in the U.S., Ardoino stated that the company cannot hide. Wherever you hold Treasury securities, they ultimately reside in the Federal Reserve system. When asked about the role of USDT in illegal finance, Ardoino replied that compared to the use of the dollar, it is 'just a drop in the ocean.' WSJ: USDT is the shadow dollar of the underground financial system For a long time, Tether has seemed to be constantly questioned by the 'Wall Street Journal.' Just in September, the media published a long article titled 'Weaving the Shadow Dollar of the Underground Financial World - Tether,' describing how USDT has successfully penetrated the global financial system while disrupting global sanctions. The article criticized at the beginning that USDT is a large, unregulated coin, which is undermining the U.S. efforts against arms dealers, violators of sanctions, and fraudsters, and stated that USDT can operate without being regulated by U.S. law enforcement agencies, thus serving as a trading tool for many illegal and sanctioned individuals. Facing the accusations of the 'Wall Street Journal,' whether Tether can continue to maintain its leading position in the Stable Coin market is worth continued follow-up.