Tether, the largest stablecoin issuer, has voluntarily frozen 326 wallets holding $435 million worth of USDT for U.S. law enforcement agencies, including the Department of Justice (DOJ), the FBI, and the Secret Service. This action aligns with Tether’s commitment to prevent the illicit use of stablecoins. The company implemented a “wallet-freezing policy” on December 1, freezing all wallets listed on the Office of Foreign Assets Control’s (OFAC) Specially Designated Nationals (SDN) list. Tether’s CEO, Paolo Ardoino, emphasized the company’s dedication to being a global partner for the U.S. and expanding the dominance of the U.S. dollar. The stablecoin issuer has also outlined various measures, including a strong KYC/AML program and cooperation with law enforcement globally, to prevent nefarious activities involving USDT.
By FCCT Editorial Team
, an independent military force, and allied militias in Sudan raped several dozen women and girls in West Darfur’s capital, El Geneina, and those fleeing to Chad between late April and late June 2023, Human Rights Watch said today. The assailants appear to have targeted people because of their Massalit ethnicity and, in some cases, because they were known activists.){kind=link}