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Paolo Ardoino Plans to Detail the USDT’s Background Story at Upcoming Conference

During an ongoing lawsuits catching up with the controversial stablecoin Tether (USDT), the CTO of the company, Paolo Ardoino, plans to tell the asset’s story at an upcoming conference.

Tether and Bitfinex CTO, Paolo Ardoino, is slated to detail the story of Tether’s advent and success in a keynote speech at the upcoming conference at the CryptoCompare Digital Asset Summit taking place in London on March 10.

Paolo Ardoino, the Firm’s CTO, Seems To Be Confident

Though Tether still sits entangled in a complex legal fight, the company’s CTO considers the stablecoin is at its best. Ardoino said in a statement –

“Tether is stronger than ever through continuous innovation.”

He added –

“I am excited to share an overview of our story so far and provide a glimpse into our exciting plans for the future.”

Legal Action Still Chases Tether

Over the last couple of years, Tether as well as the associated exchange Bitfinex have confronted of the countless claims of foul play. The existing lawsuits encompass takes not of having loomed for quite a little time.

USDT now finds itself in the middle of pressing legitimate matters, standing up opposing a class-action lawsuit that has faced substantial media coverage over the last many months. The lawsuit claims that Tether manipulated the cryptosphere two years ago, playing a part in the huge bull run that the industry saw in 2017.

iFinex is the company behind Tether that called the current cryptocurrency market manipulation allegations as “reckless and false” very recently.