The US gov is investigating Tether $USDT however Tether denies and says old news

Tether, the issuer of USDT, is reportedly under investigation by U.S. federal authorities for potential violations of sanctions and anti-money-laundering laws.

Tether CEO Paolo Ardoino quickly dismissed the Wall Street Journal report, calling it a rehash of “old noise.”

The investigation is led by prosecutors from the U.S. attorney’s office in Manhattan, who are probing whether Tether has been used by third parties to facilitate illegal activities, such as drug trafficking, terrorism, cybercrime, or to launder proceeds from these operations.

Additionally, the Treasury Department is considering sanctions against Tether due to its suspected usage by sanctioned groups, including Russian arms dealers. If imposed, these sanctions would prevent U.S. citizens from conducting business with Tether.