Controversial stablecoin Tether has dropped its objection to a CoinDesk Freedom of Information lawsuit in such a way that I’m like 👀👀👀:
Tether has nothing to hide and we hold utmost confidence in the accuracy of our financial figures. While the sensitivity that we had to a government agency releasing confidential data—at least as it pertains to Tether’s reserves—is lower now than it was in 2021, we remain vigilant about customer data. While we cannot count on fair coverage from CoinDesk, which often misrepresented Tether’s position in the market in favour of its main competitor, we call upon them to set their bias aside and to not publicly share any past or current customer names and not to thereby put anyone in the community at physical or digital risk.
This is an unjustified smear of great journalists. I wonder what Tether is afraid of.
[Tether, Tether Gold]
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