Tether CEO Shrugs Off Critics After First KPMG Audit

Tether CEO Paolo Ardoino has dismissed critics following the company's first KPMG audit, saying 'Honestly, I don't care' about their opinions.

The audit was conducted by KPMG in response to criticism over Tether's lack of transparency and potential mismanagement of its USDT reserves.

Ardoino stated that Tether has always been transparent about its operations and that the company is 'in good standing' with regulators.

The CEO emphasized that Tether is not a bank and does not engage in traditional banking activities, which he believes explains why it has faced criticism from some quarters.