9 December 2023

Tether freezes wallets of those sanctioned by the US Treasury's OFAC to prevent "potential misuse" of Tether tokens, the first significant move by its new CEO (Zack Abrams/The Block)

Zack Abrams / The Block:
Tether freezes wallets of those sanctioned by the US Treasury's OFAC to prevent “potential misuse” of Tether tokens, the first significant move by its new CEO  —  - Tether has frozen its coins held in crypto wallets sanctioned by the U.S. Office of Foreign Asset Controls, the company announced today.

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