Orhan 
Tether CEO Paolo Ardoino disclosed details of the company’s reserve assets at the PlanB event in Lugano, Switzerland.
The CEO recently highlighted key topics, stating that Tether’s reserves include approximately $100 billion in U.S. Treasury bonds, $5.5 billion in 82,000 Bitcoin, and 48 tons of gold.
These assets are held to support the USDT stablecoin.
Tether Denies Investigation Allegations
A recent Wall Street Journal article suggested that the company was under investigation for allegedly violating anti-money laundering laws and U.S. sanctions. However, Tether’s CEO Ardoino denied these claims, stating, We have clear information that Tether is not under any investigation.
WSJ is recirculating old information, he said. The company emphasizes that it has cooperated with law enforcement since 2014 in efforts to recover around $109 million in digital assets used in illicit activities.
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