Tether CEO: The US government can "destroy" Tether with one click, and we will not fight it

Odaily News Tether CEO Paolo Ardoino said in an interview that the company respects international sanctions and works closely with law enforcement, but acknowledged that it ultimately has to obey the US authorities. "If the United States wants to take us down, they can do it from anywhere with one click, and we will not confront the United States," Ardoino said. "We may not be the best at presenting ourselves, but the important thing is that we have included the FBI in Tether's compliance system," he added. "We work with the US Secret Service and have received a thank-you letter from the Department of Justice... We are doing our best." When asked about the possibility that US authorities could exert influence on Tether through its reserve assets held in Cantor in the United States, Ardoino said the company "cannot hide." Ardoino said: "No matter where you hold Treasury bonds, these Treasury bonds actually end up in the Federal Reserve account. The reason why I feel comfortable with Cantor is that we respect OFAC." When asked about the role of USDT in illegal financial activities, Ardoino replied that its use in this regard is negligible compared to the US dollar. (CoinDesk)