New charges — new problems: Will Tether survive them?

Tether's Lack of Transparency: Consumers’ Research has accused Tether, the issuer of USDT stablecoin, of failing to conduct a full audit of its dollar reserves since 2017 and engaging in opaque practices similar to those that led to the collapse of FTX.

USDT's Role in Sanctions Evasion: Reports indicate that USDT is being used by countries like Venezuela and Russia to circumvent international sanctions, raising concerns about its impact on national security and financial systems.