Company Directory - Tether
Company Details - Tether

Tether
Tether provides the world’s largest stablecoin, facilitating cryptocurrency transactions.
CCI Score
CCI Score: Tether
-24.89
0.08%
Latest Event
Tether CEO Expresses Support for Trump Tariff Policy
In an interview with Breitbart News on April 5, 2025, Tether CEO Paolo Ardoino stated he is 'sympathetic' to the Trump administration’s approach to tariffs, advocating for either zero tariffs or equal tariffs for all. He linked this policy to strengthening the US dollar globally and aiding stability in developing countries, while also noting potential shifts in geopolitical alliances.
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ACCOMPLICE
Tether is currently rated as an Accomplice.
Latest Events
- APR052025
In an interview with Breitbart News on April 5, 2025, Tether CEO Paolo Ardoino stated he is 'sympathetic' to the Trump administration’s approach to tariffs, advocating for either zero tariffs or equal tariffs for all. He linked this policy to strengthening the US dollar globally and aiding stability in developing countries, while also noting potential shifts in geopolitical alliances.
- FEB172025
Tether has entered discussions with U.S. lawmakers, including Rep. Bryan Steil and French Hill, regarding the proposed STABLE Act, aiming to shape stablecoin regulations. CEO Paolo Ardoino stressed the firm's commitment to adapt to new regulatory frameworks, even as questions about transparency persist.
-30
Executive Political Engagement
April 6
Tether's active engagement with U.S. lawmakers to influence the STABLE Act illustrates a strategic effort to secure favorable regulatory conditions. While engaging with the democratic process can be seen as appropriate, such corporate lobbying raises concerns over undue influence in policymaking, aligning with anti-authoritarian critiques.
- FEB162025
Tether’s CEO, Paolo Ardoino, confirmed that the company is actively engaging with US lawmakers to influence the upcoming STABLE Act, a legislation aimed at tightening stablecoin regulations. The company's involvement, which includes advising on proposals, intends to secure its operational model despite the anticipated regulatory overhaul.
-40
Executive Political Engagement
April 6
Tether’s CEO publicly emphasized the company’s resolve to shape the STABLE Act through direct discussions with lawmakers. This active engagement in legislative affairs underscores an attempt to mold regulatory outcomes in favor of corporate interests, potentially at the expense of broader public accountability and democratic transparency.
- FEB142025
Tether CEO Paolo Ardoino confirmed active discussions with US legislators to influence upcoming stablecoin regulations, aiming to ensure compliance while steering policy in a manner that benefits the company.
-40
Executive Political Engagement
April 6
Tether's proactive engagement with US lawmakers, as confirmed by CEO Paolo Ardoino, indicates a concerted effort to shape policy around stablecoins. While the move could be seen as a measure to ensure compliance amid new regulatory proposals, it also raises concerns regarding corporate influence over the regulatory process and potential regulatory capture. Such active involvement in policy-making is problematic from an anti-fascist perspective, as it exemplifies the strategic use of political engagement to safeguard corporate interests rather than prioritizing broad societal or worker rights.
Tether Collaborates with US Lawmakers to Shape Stablecoin Regulations
- DEC272024
In 2024, Tether expanded its political influence even as its lobbying expenditure fell, leveraging deep ties with influential political figures and firms such as Cantor Fitzgerald. Notably, Howard Lutnick of Cantor Fitzgerald, a strong supporter involved in high-level political activities including the Trump transition committee, has bolstered Tether’s political clout. Additionally, Tether's engagements in regions such as El Salvador and Europe illustrate its multifaceted approach to political influence.
-30
Political Contributions and Lobbying Efforts
April 6
Tether’s continued, albeit reduced, lobbying expenditure ($360,000 in 2024 compared to higher amounts in previous years) paired with its strategic use of established political networks underscores its ongoing efforts to influence policy. This persistent involvement, particularly through contentious political channels, raises concerns about undue corporate influence in political processes.
-40
Executive Political Engagement
April 6
The association with Cantor Fitzgerald, especially through Howard Lutnick’s prominent political roles (including his service on the Trump transition committee and potential cabinet nomination), reflects significant executive-level engagement in politics. Such direct ties to high-level political maneuvering amplify concerns about the entrenchment of corporate power within authoritarian political structures.
- NOV062024
Tether launched a $5 billion minting spree over a 72‑hour period beginning on November 6, 2024, rapidly injecting liquidity into the market. The operation has raised concerns about Tether’s opaque reserve practices, its recent legal penalties including a $41 million CFTC fine, and its deepening political ties through figures like Howard Lutnick, a known ally of former President Donald Trump.
-50
Executive Political Engagement
April 6
Tether’s increased involvement with Howard Lutnick, a key ally of Donald Trump, signals concerning executive political engagement. This association raises red flags regarding potential alignment with far‑right and authoritarian tendencies, undermining public trust given the political implications of such ties.
Tether’s $5B Mint Raises Eyebrows amid Political and Financial Ties
-40
Business Practices and Ethical Responsibility
April 6
The legal challenges faced by Tether, including a $41 million penalty and settlements over misrepresentations of its reserves, indicate a lack of transparency and ethical responsibility. These business practices contribute to broader concerns over the company’s financial integrity.
Tether’s $5B Mint Raises Eyebrows amid Political and Financial Ties
- OCT252024
U.S. federal investigators are probing Tether for potential sanctions violations, money laundering, and illicit support to criminal activities. The investigation, which includes scrutiny of suspected links to terrorism financing and illegal financial flows, has raised significant concerns about national security and ethical business practices. In response, Tether has emphasized its compliance efforts, including freezing suspicious wallets and enhancing monitoring capabilities.
-40
Public and Political Behavior
April 6
The investigation by U.S. authorities into Tether for alleged sanctions violations and potential facilitation of illicit financial activities underscores significant risks related to political behavior. The probe into possible money laundering, links to terrorism financing, and use by sanctioned groups reflects negatively on the company’s role in the broader financial and political landscape.
US Government Investigates USDT Company Tether for Sanctions Violations-WSJ
-30
Business Practices and Ethical Responsibility
April 6
The allegations and ensuing investigation raise serious concerns about Tether's business practices and ethical responsibility. Despite taking steps to enhance compliance, the ongoing probe into possible involvement in money laundering and connections with criminal groups paints the company in a negative light regarding transparency and ethical standards.
US Government Investigates USDT Company Tether for Sanctions Violations-WSJ
- SEP122024
A report by Consumer’s Research on September 12, 2024, criticized Tether for its ongoing failure to provide a complete independent audit of its USD reserves. The report highlights a history of incomplete financial disclosures, previous legal settlements, and allegations of doing business with bad actors, raising concerns over Tether’s ethical business practices and regulatory compliance.
-80
Business Practices and Ethical Responsibility
April 6
Tether's repeated failure to deliver a full independent audit of its USD reserves, compounded by historical incidents of incomplete financial disclosures and regulatory settlements, demonstrates significant deficiencies in ethical business practices. This lack of transparency undermines investor trust and market stability.
-50
Regulatory Capture
April 6
Tether's history, including a significant $18.5 million fine and other regulatory actions due to opaque reserve practices, suggests an alignment with practices that facilitate regulatory evasion. These issues contribute to systemic financial risks and indicate a problematic level of regulatory capture.
- JAN162024
Following a UN report alleging that USDT facilitates illicit activities in Southeast Asia, Tether's CEO issued a statement expressing disappointment with the report’s narrow focus while emphasizing the stablecoin’s role in supporting emerging markets. The company highlighted its proactive cooperation with global law enforcement—including freezing over $300 million in assets and blocking crypto addresses linked to terrorism—to counter the allegations.
+40
Executive Political Engagement
January 16
Tether’s CEO publicly addressed the UN report, using executive political engagement to refute selective criticism. By emphasizing cooperation with law enforcement and underscoring the beneficial role of USDT in emerging markets, the response aligns with anti-authoritarian values and demonstrates accountability.
Tether CEO Responds to UN Report Regarding Illicit Activity - DailyCoin
+20
Technology and Services Impact
January 16
The statement highlights blockchain technology's inherent traceability and its role in preventing money laundering compared to traditional banking systems. By promoting the technological benefits of blockchain in ensuring financial transparency and accountability, Tether positions its service as a tool for crime prevention.
Tether CEO Responds to UN Report Regarding Illicit Activity - DailyCoin
- JAN152024
In response to a UN report alleging that USDT was used for money laundering and other illicit activities, Tether refuted the claims by emphasizing the traceability of its blockchain, highlighting its history of cooperation with law enforcement, and noting that it had frozen over $300 million in USDT linked to illegal operations.
+50
Public and Political Behavior
April 6
Tether's active response to the UN report, including detailed cooperation with global law enforcement and transparency about funds frozen due to illicit activities, supports political accountability and transparency, reflecting a positive public and political behavior.
Tether addresses UN claims on ‘illicit activity’ involving USDT
+60
Business Practices and Ethical Responsibility
April 6
By freezing over $300 million in USDT linked to illegal operations and blocking wallets associated with illicit activities, Tether demonstrates robust corporate responsibility and ethical business practices.
Tether addresses UN claims on ‘illicit activity’ involving USDT
+40
Technology and Services Impact
April 6
Tether underscores the role of technology in its operations by emphasizing blockchain traceability and advanced monitoring capabilities, which help to deter illicit activities and support greater financial transparency.
Tether addresses UN claims on ‘illicit activity’ involving USDT
- DEC312023
Data from OpenSecrets indicates that Tether's parent company, iFinex, increased its US lobbying spending by over 150% in 2023—spending $1.2 million and doubling its number of lobbyists, including hiring a former Republican legislator with ties to Trump-era policies. This move comes as the stablecoin issuer seeks to influence pending stablecoin legislation in a politically charged environment.
-70
Political Contributions and Lobbying Efforts
April 6
Tether's significant increase in lobbying expenditure and expansion of its lobbying team, including the recruitment of a former Republican legislator linked to Trump-era policies, signals a deliberate effort to shape policy in favor of corporate interests. This aggressive political influence raises concerns about corporate complicity in politicizing regulatory frameworks and undermining democratic processes, aligning with patterns of authoritarian influence.
Tether cranks up lobbying 150% as bills and regulatory action percolate in Washington
- DEC172023
Tether CEO Paolo Ardoino announced in a public letter to U.S. legislative committees that the company is partnering with the FBI and the U.S. Secret Service. The letter detailed efforts including disabling tokens in sanctioned wallets and freezing illicit accounts, underlining Tether’s commitment to regulatory compliance and public transparency.
+60
Public and Political Behavior
April 6
Tether’s proactive engagement with legislative bodies and transparent communication regarding its collaboration with law enforcement indicate a strong commitment to upholding legal and regulatory standards, a stance that supports democratic oversight against authoritarian tendencies.
Tether CEO Details Partnership with FBI and Secret Service in Letter to Legislators
+50
Business Practices and Ethical Responsibility
April 6
By taking steps such as disabling tokens held in wallets linked to OFAC sanctions and freezing wallets associated with illicit activities, Tether demonstrates a commitment to ethical business practices and regulatory compliance, reinforcing its role in preventing financial misuse.
Tether CEO Details Partnership with FBI and Secret Service in Letter to Legislators
- DEC012023
A TRM Labs report indicates that 1.6% of Tether's USDT volume—amounting to $19.3 billion—was used in illicit transactions in 2023, including a noted surge in terrorism financing via Tron-based addresses. Tether has rejected these claims, but the report raises serious questions about the ethical implications of its stablecoin infrastructure.
-40
Business Practices and Ethical Responsibility
April 6
The report reveals that Tether's USDT was implicated in $19.3 billion worth of illicit transactions in 2023. This raises concerns about Tether’s business practices and ethical responsibility in effectively monitoring and controlling usage of its financial product, positioning the company in a negative light from an anti-fascist perspective.
TRM Labs Report: Tether’s USDT Was the Go-to Stablecoin for Illicit Activities in 2023
-40
Technology and Services Impact
April 6
Tether’s technology infrastructure, which underpins the USDT stablecoin, has been exploited by criminal groups to facilitate a significant portion of illicit and terrorism financing transactions. This highlights the darker side of technological impact when financial tools are misused.
TRM Labs Report: Tether’s USDT Was the Go-to Stablecoin for Illicit Activities in 2023
- JAN012018
According to a report by the Wall Street Journal cited by Business Insider, in 2018 Tether faked key documents and set up shell companies to open bank accounts, including one that was later used by a terrorist group to launder money. The incident raises serious concerns about the company's ethical business practices and its indirect role in facilitating extremist financial activities.
-60
Public and Political Behavior
April 6
Tether’s use of falsified documents and shell companies, which ultimately enabled a bank account to be used for terrorist financing, severely undermines public trust and contributes to a destabilized political environment. Such practices have dangerous implications for transparency and accountability in financial operations.
Tether Faked Documents and Opened an Account Later Used by Terrorists
-80
Business Practices and Ethical Responsibility
April 6
By fabricating documents and establishing shell companies to maintain access to global banking, Tether engaged in deliberately deceptive practices. This unethical manipulation not only jeopardizes financial integrity but also indirectly facilitates illicit activities, including money laundering for terrorist financing.
Tether Faked Documents and Opened an Account Later Used by Terrorists
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