The company behind stablecoin Tether has rebuffed a report by The Wall Street Journal claiming it had ties to entities that faked documents and used shell companies to maintain access to the banking system. On March 3, the WSJ reported on leaked documents and emails purportedly revealing that entities tied to Tether and its sister cryptocurrency exchange Bitfinex faked sales invoices and transactions and hid behind third parties in order to open bank accounts they otherwise may not have been able to open. In a March 3 statement, Tether called the findings of the report “stale allegations from long ago” and “wholly inaccurate and misleading. (Cointelegraph)