Tether's Resilience Amid Investigation

Tether has managed to avoid significant consequences despite ongoing scrutiny and investigations into its operations, particularly regarding allegations of enabling sanctions violations. Historical reports indicated that Tether executives had received target letters from federal investigations, but these inquiries did not progress to formal indictments. The collaboration between Tether and government agencies, including the FBI and Secret Service, has created an environment in which the company seems insulated from serious fallout. The lack of actual repercussions raises concerns about the effectiveness of regulatory oversight in dealing with firms operating in the cryptocurrency space.