Tether began from separate companies led by ex-plastic surgeon Giancarlo Devasini and former child actor Brock Pierce. Devasini, who helped develop crypto exchange Bitfinex and is now its CFO, owned about 43% of Tether in 2018, according to the documents seen by the Journal.
86% of Stablecoin Issuer Tether Was Controlled by 4 People as of 2018: WSJ
