Tether Chief Investment Officer Richard Heathcote resigns

Tether (USDT) Chief Investment Officer (CIO) Richard Heathcote has resigned, Bloomberg reported. He was a key figure in establishing the company's relationship with Cantor Fitzgerald, an investment bank run by the family of U.S. Commerce Secretary Howard Lutnick. Heathcote will continue to serve as a non-executive advisor to Tether.