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Only 4 people controlled Tether Holdings as of 2018: Report By Cointelegraph

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A group of four men controlled 86% of stablecoin issuer Holdings Limited as of 2018, according to documents obtained by The Wall Street Journal in connection with United States authorities investigations.

New York Attorney General and Commodity Futures Trading Commission probes into Tether in 2021 exposed its previously unknown ownership structure. The company is the issuer of Tether (USDT), the world’s largest stablecoin with $68 billion in circulation, according to CoinMarketCap.