Tether Appoints New CFO and Plans Full Audit for Transparency
- Tether has appointed Simon McWilliams as its new Chief Financial Officer (CFO).
- The company plans to conduct a full audit to enhance financial integrity.
- Currently, Tether issues quarterly attestation reports with BDO.
- Tether has faced regulatory challenges in the EU due to non-compliance with MiCA regulations.
- Giancarlo Devasini, former CFO, will now serve as Chairman of the Group.
Tether’s new CFO, Simon McWilliams, will lead efforts towards a full audit to improve transparency and address recent regulatory challenges in Europe. The firm aims to ensure greater financial integrity through this process.
Source (2.6)https://dailyhodl.com/2025/03/05/tether-takes-historic-step-towards-transparency-with-full-audit-and-new-cfo-appointee/?rand=59076