Several Tether executives have purchased property in El Salvador and become its citizens

On January 13th, according to Protos citing local media ElFaro, Tether executives are spending large amounts of money buying real estate in El Salvador and becoming citizens of El Salvador.

The company's Chief Financial Officer Giancarlo Devasini, CEO Paolo Ardoino and COO Claudia Lagorio purchased two pieces of land worth $1.7 million located at the luxury golf resort Condominio Villanueva Golf Country Club. This area is also a residential area called El Encanto. The contract shows that Ardoino and Lagorio have become naturalized citizens of El Salvador.