According to a Friday WSJ report, Tether used forged documents and shell companies to help its parent company gain access to the banking system. According to the Journal, the company behind USDT, the most-traded cryptocurrency, went to great lengths to stay connected to the traditional financial system and open bank accounts. According to an email obtained by the WSJ, one major Chinese trader attempted to “circumvent the banking system by providing fake sales invoices and contracts for each deposit and withdrawal,” as Stephen Moore, one of Tether Holdings Ltd.’s owners, admitted.