Tether co-founder Brock Pierce hints at possible return to Hong Kong to run new project

Tether co-founder Brock Pierce said he is considering returning to Hong Kong for a third time to work on a new business as the government tries to attract the crypto industry back. Brock Pierce did not reveal what his new business will do or whether Hong Kong will be its new headquarters. Brock Pierce said: "It could lead to big things. I will go to where I think it is most worth spending time. I am passionate about what is happening in Hong Kong, which means I am passionate about working here, which also means that there is a high probability of something happening at this time." Brock Pierce co-founded stablecoin Tether in Hong Kong a decade ago, sold his shares in 2015 and left the company a year after its founding. His first foray into virtual currencies was through Internet Gaming Entertainment, a company he founded in Hong Kong, which sold virtual currencies traded in games. In 2012, he sold another of his companies, Zam, a video game community building company founded in 2003, to Tencent Holdings. (South China Morning Post)