Are US Authorities Scared of #USDT Taking Over Fiat?😳
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The According to the WSJ, the U.S. Attorney's Office for the Southern District of New York has been investigating Tether for violations of anti-money-laundering rules by the firm including connections to hacking, drug trafficking, or terrorism.

If sanctions are imposed, it could restrict American citizens from using USDT for transactions.

In response to the this, Ardoino clarified on social media that Tether there was no ongoing investigation into the company.

However, the implications of this inquiry could be Important because USDT is a major player in the #cryptocurrency market. If it becomes unstable, it could trigger widespread fear in the market.📉🔻