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Emergency Pod! Tether executives facing DOJ bank fraud probe (via Bloomberg) | E1253

This Week in Startups

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Concerns Over Tether's Financial Transparency Amid DOJ Investigation

This chapter explores the serious scrutiny facing Tether due to its opaque asset holdings, particularly in relation to commercial paper and its links to Chinese investments. The conversation highlights concerns over accountability and the potential impact of Tether's financial practices on both the company and its customers amidst a Department of Justice investigation.

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