<ul><li>The U.S. federal authorities are reportedly investigating stablecoin issuer Tether for possible illicit use.</li><li>The Wall Street Journal (WSJ) released an exclusive report suggesting criminal probes by the U.S. Attorney's Office and the freezing of Tether.</li><li>Tether CEO Paolo Ardoino denies the allegations, stating that there is no sign of Tether being under investigation.</li><li>The news caused a drop in the prices of Bitcoin, Ethereum, and other cryptocurrencies.</li></ul>

Crypto Market Rattled by Unverified Tether Investigation Report

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