In response to the Wall Street Journal's report that stablecoin issuer Tether had opened bank accounts through forged documents and "shadow intermediaries", Tether issued a statement on its official website, saying that the Wall Street Journal's report on old allegations from long ago was completely inaccurate and misleading, and Bitfinex and Tether have world-class compliance programs and comply with applicable anti-money laundering, know your customer (KYC) and anti-terrorist financing (AML) legal requirements. Bitfinex and Tether are partners of global law enforcement and often voluntarily assist the U.S. Department of Justice and other law enforcement agencies around the world to prevent money laundering, terrorism and other criminal activities by bad actors.