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Institutional & Investment NewsNeutral
50
USDT

Ex-Tether Investment Chief Selling Stake in Stablecoin Giant

Richard Heathcote, former Tether investment chief, is working with PJT Partners to sell a portion of his 1.26% holding in the USDT issuer. The move follows his transition to an advisory role, potentially altering Tether's ownership structure.

CoinDeskOlivier Acuna

Quick Take

1

Richard Heathcote seeks buyer for 1.26% Tether stake

2

Working with PJT Partners to execute the sale

3

Follows his transition to advisory role at Tether

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Small stake sale may shift ownership structure

Market Impact Analysis

Neutral

A small stake sale by an individual in a private company is unlikely to affect Tether's operations or crypto markets.

Timeframeshort

Speculation Analysis

Factuality95/100
RumorsVerified
Speculation Trigger10/100
MinimalExtreme FOMO
Richard Heathcote is reportedly working with PJT Partners to find a buyer for a small part of his 1.26% holding in the issuer of USDT following his transition to an advisory role.
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© 2026 Bytewit. All Rights Reserved. This article is for informational purposes only.

TAGS

TetherUSDTRichard HeathcotePJT Partnersstake saletether

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Ex-Tether Investment Chief Selling Stake in Stablecoin Giant | Bytewit