News Explorer — Former Tether Exec Richard Heathcote Plans to Sell Part of His Stake

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Jul 7, 1:46 pm

Coindesk

Former Tether Exec Richard Heathcote Plans to Sell Part of His Stake

Richard Heathcote, former CIO of Tether, is looking to sell a portion of his 1.26% stake in the stablecoin company. He is collaborating with PJT Partners for the sale, with ongoing discussions with potential buyers. Tether previously scaled back fundraising plans due to investor resistance.

Richard Heathcote, former CIO of Tether, is looking to sell a portion of his 1.26% stake in the stablecoin company. He is collaborating with PJT Partners for the sale, with ongoing discussions with potential buyers. Tether previously scaled back fundraising plans due to investor resistance.

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