Paolo Ardoino: Tether voluntarily freezes sanctioned addresses

Tether CEO Paolo Ardoino responded to US Senator Richard Blumenthal's sanctions enforcement report on X platform, stating that the report ignored Tether's proactive freezing of sanctioned addresses. Since 2023, Tether has implemented freezing on average 4 weeks earlier than officially recognized addresses by the US Treasury Department's Office of Foreign Assets Control (OFAC) and Israel's National Counterterrorism Financing Facility (NBCTF), and in 99% of cases, addresses have been frozen before being flagged by Chainalysis.