Swan CEO claims Twenty One serves Tether’s US political interests, calls Mallers’ role ‘ceremonial’

The Block·

Swan CEO claims Twenty One serves Tether’s US political interests, calls Mallers’ role ‘ceremonial’

60-second summary

Cory Klippsten, Swan CEO, claims Twenty One Capital serves Tether's US political interests, stating it's their "U.S. entity for them to line pockets where needed for political reasons." Klippsten specifically targets Mallers' role as ceremonial, implying a lack of actual influence. This accusation fuels ongoing scrutiny of Tether's operations and potential ties to US politics.

Twenty One Capital is Tether's "U.S. entity for them to ... line pockets where needed for political reasons," says Cory Klippsten.