<ul><li>Cryptocurrency company Tether has condemned a report from The Wall Street Journal (WSJ) that federal agencies are investigating the company for possible violations of sanctions and anti-money laundering (AML) rules.</li><li>Tether stated that the report is based on speculation and that the company has no knowledge of any such investigations into the company.</li><li>The WSJ reported that the Manhattan U.S. attorney’s office is looking into whether Tether's cryptocurrency has been used for illegal activities or money laundering.</li><li>Tether CEO Paolo Ardoino stated that the allegations in the article are false, and that Tether regularly works with law enforcement to prevent misuse of their stablecoin.</li></ul>

Tether Condemns Wall Street Journal Report of Federal Investigations

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