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Tether’s Ardoino Challenges Senate Iran Report, Claims Early Wallet Freezes

Tether’s Ardoino Challenges Senate Iran Report, Claims Early Wallet Freezes

Photo: Crypto Economy

TL;DR Tether CEO Paolo Ardoino says the company froze sanctioned addresses an average of four weeks before official designations since 2023. Senate investigators examined 846 Iran-linked wallets and found that 84% used USDT exclusively or almost exclusively. The dispute centers on enforcement timelines, with Tether defending its cooperation with authorities while lawmakers seek investigations into ... Read more

Source: Crypto Economy

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