🚨BREAKING:
Tether really said “never mind”
So that $15–$20B fundraise? Dropped.
Why? Investors apparently looked at that $500B valuation and hit them with the “be serious” button.
CEO Paolo Ardoino now says the $15–$20B target was a “misconception” 💀
And the advisers are allegedly circling back like: “Okay okay… what about $5B?”
From $20B dreams ➝ $5B “just a lil something” 📉