Former Tether Chief Investment Officer Plans to Sell Portion of Tether Ownership

BlockBeats News, July 7th. According to Bloomberg, sources revealed that former Tether Chief Investment Officer Richard Heathcote is collaborating with PJT Partners to sell a portion of his 1.26% stake in Tether. He is currently in discussions with potential buyers, and the valuation has not been disclosed.

Prior to this, Richard Heathcote stepped down as Tether's Chief Investment Officer in March this year and took on an advisory role.