It’s ‘clear’ the US government is going after Tether: Ripple CEO
Brad Garlinghouse said he views Tether as an important part of the ecosystem and that its fate will be an “interesting one to watch.”
Ripple CEO Brad Garlinghouse says it is “clear” that the United States government is “going after” stablecoin issuer Tether — which could have an unpredictable impact on the crypto markets.
Garlinghouse said on a May 10 episode of the World Class podcast there would “100%” be another crypto-related black swan event such as the collapse and subsequent uncovering of fraud perpetrated by FTX’s executives.
“The U.S. government is going after Tether, that is clear to me,” he said without elaborating and stopping short of calling any possible U.S. action against Tether the next black swan. He instead called it an “interesting one to watch.”
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Author: Jesse Coghlan
