Does Howard Lutnick Know ‘the Truth’ About Tether?
Summary
Howard Lutnick, CEO of Cantor Fitzgerald, reaffirmed Tether's funds, stating they have seen the money. Cantor is a Tether custodian and manages a significant portion of its assets. Lutnick's support is notable due to Cantor's reputation and the ongoing controversies surrounding Tether. Despite UN allegations of money laundering, Tether denies and emphasizes its collaboration with law enforcement. Lutnick's statements are significant, but an actual audit is needed to affirm Tether's reserves. While Tether has a history of dishonesty, its continued growth and corporate backing suggest potential for maturity.
