Tether Responds To WSJ Over FTX! “You were praising, now what happened?”

The biggest stablecoin Tether (USDT)which is among the mainstream media of the USA Wall Street JournalHe addressed a blog post against his (WSJ) news.

WSJReferring to the latest news of WSJ, which “implies that Tether operates outside of regulations”, Tether said that these WSJ reports are outdated, false and misleading.

It was also stated that such news contradicts the fact that Tether operates under significant financial regulations and cooperates with global regulators almost daily.

Stating that Tether has been the target of WSJ for a long time, the company used the following statements in its article:

“From January 1, 2021 to January 1, 2022, the WSJ published 84 articles about or mentioning Tether, the vast majority of which are negative.

Despite such negative news about Tether, WSJ has exposed the failures of crypto money platforms such as FTX, Celsius and Genesis, rarely focusing on the right targets.

In the same period, the WSJ published 28 articles about or talking about FTX, and almost all of them were positive.”

Tether also that the WSJ has supported throughout 2022 and claimed to have a bright future. cryptocurrency He pointed out that many of the companies were among the biggest bankruptcies in history, which resulted in huge loss of funds for countless users and investors.

“In the face of these bankruptcies, Tether has consistently delivered on its commitment to increased transparency, adjusting its reserves, and continually collaborating with regulators.

Many of these were actions that critics of Tether, including the WSJ, implied Tether would never do.

As a result, Tether made them happen.

But media outlets like the WSJ continue to target Tether, rather than acknowledging the fact that Tether has consistently been able to respond to allegations with direct action.”