According to Bloomberg, sources say former Tether Chief Investment Officer Richard Heathcote is planning to sell part of his Tether shares and has enlisted PJT Partners to handle the sale of a portion of his 1.26% stake. The transaction is still under negotiation with potential buyers, and the valuation has not yet been disclosed. Richard Heathcote stepped down as Tether's CIO in March this year to take on an advisory role, and this share sale has been approved by Tether. Earlier this year, Tether paused a funding plan with a peak valuation of $500 billion, pending the results of its first full financial audit. https://www.(wublock123.com)/news/former-tether-cio-richard-heathcote-selling-company-shares-64102