Tether, known for its participation in the creation of the world's largest stablecoin, has announced the freezing of wallets of individuals under sanctions from the U.S. Office of Foreign Assets Control (OFAC). This step was presented by the company as a voluntary initiative aimed at actively preventing possible abuse of Tether tokens and strengthening security measures. According to Tether, the wallets currently on the OFAC list will be frozen, and any new wallets added in the future will be closely monitored.
This step appears to be one of the first significant decisions made after the appointment of CEO Paolo Ardoino, who previously held the position of technical director of the company. In his official statement, Ardoino described the new policy as an expansion of the company's cooperation with law enforcement and regulatory authorities around the world.
It is remarkable that in the past, Tether has already conducted freezes of funds related to illegal activities, but it has avoided freezing wallets associated with the authorized Tornado Cash protocol, citing the lack of requests from American law enforcement agencies. However, after today's announcement, it became known that Tether has added Tornado Cash contract addresses to the blacklist.
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