Tether Transfers 18,812 Bitcoin to Jack Mallers' Twenty One Capital
According to a June 3rd email from DeThings reported by Bitcoin Magazine, Tether transferred 18,812 Bitcoin to Twenty One Capital, the Bitcoin investment firm founded by Jack Mallers, with a value of nearly $2 billion. On-chain data shows that approximately 14,000 BTC were moved from Tether's reserve address to an unknown wallet this morning, with the transaction amount around $1.5 billion.