[Swan CEO: Twenty One Serves Tether's U.S. Political Interests, Mallers' Role is 'Nominal'] According to The Block, Swan Bitcoin CEO Cory Klippsten harshly criticized Tether and its supported entity, Twenty One Capital, during a podcast interview. He claimed that Tether 'effectively controls' this publicly listed Bitcoin reserve company and uses it as a tool to advance its political interests in the United States, though he provided no evidence to support these claims. Tether did not respond to a request for comment. Klippsten also described Strike founder Jack Mallers' CEO role at Twenty One as nominal, stating that his primary responsibility was to promote the company's stock and suggesting that Mallers' departure was not a personal decision.