#tether

#tether

Tether is the most captivating story you've never heard of. A first mover in the stablecoin space, Tether's flagship product has grown to a monster $167 billion in market cap with just around 200 employees and $13 billion in profits last year, making it one of the most successful corporations on the planet. (And it was cofounded by a Mighty Duck, but that's a story for another time.)

Gugnin allegedly facilitated over $530 million in transactions for Russian clients linked to sanctioned banks, employing Tether to circumvent US sanctions and export controls.