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- 🚀 Gate.io #Launchpad# for Puffverse (PFVS) is Live!
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The chairman of Cantor Fitzgerald claims to have personally verified Tether's reserves, refuting rumors.
[Cantor Fitzgerald Chairman Claims to Personally Verify Tether Reserves, Refutes Rumors] At the Consensus 2025 conference held in Toronto, Cantor Fitzgerald Chairman Brandon Lutnick stated, "I personally checked a lot of their reserves, and we proved that many rumors are false." He mentioned that in the early days of collaborating with Tether, there were "many rumors" claiming that Tether was not fully backed. Lutnick emphasized that although Bloomberg reported he interned for Tether in Lugano, Switzerland, he clarified, "That's not true."