Former Tether investment chief is looking to sell part of his stake in the stablecoin giant: Bloomberg
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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Summary
- Richard Heathcote, Tether’s former chief investment officer, is seeking to sell part of his 1.26% stake in the stablecoin issuer, according to Bloomberg.
- Heathcote is working with advisory firm PJT Partners to find buyers for his holding in the San Salvador-based company.
- The value of the stake was not disclosed.
