Leading stablecoin issuer Tether has once again slammed mainstream media, The Wall Street Journal, for publishing a report that claimed the firm and its affiliates falsified documents and shell companies to open bank accounts about four years ago.

Tether published an official response to the report, noting that it was nothing but more FUD from WSJ. The stablecoin issuer added the allegations from the media publication were inaccurate and misleading.

“These unfair attacks will not distract us from continuing with those efforts and offering the most liquid and reliable stablecoin experience, which the market has clearly recognized by making us the leaders in the industry,” Tether said.

(By Mandy Williams)