Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Tether: Wallet addresses subject to OFAC sanctions have been frozen

Tether: Wallet addresses subject to OFAC sanctions have been frozen

CointimeCointime2023/12/10 01:21
By:Cointime

According to The Block, Tether stated that the company has frozen individual wallets that are subject to sanctions by the US Office of Foreign Assets Control (OFAC).

Tether stated that its purpose is to "proactively prevent any potential abuse of Tether tokens and enhance security measures," and clarified that wallets currently on the OFAC list will be frozen, and any new wallets added in the future will also be frozen.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

ThorChain struggles following executive decision

A combination of inflationary pressures, rising liabilities and the potential collapse of critical systems required a strategy reevaluation

Blockworks2025/01/10 12:44

Election swayed advisers, but crypto adoption has room to run

Half the surveyed advisers still consider regulatory uncertainty the top hurdle for future crypto investments

Blockworks2025/01/10 12:22

SOL ETFs unlikely to be approved in US ‘anytime soon’

Sol Strategies CEO Leah Wald told Blockworks that she’s pleased with the amount of developer activity and enthusiasm in the Solana ecosystem

Blockworks2025/01/10 12:22