Blumenthal Flags Tether's USDT as Iran Sanctions ‘Superhighway'
Regulation
Democratic staff on the Senate Permanent Subcommittee on Investigations analyzed 846 Iran-linked wallets and found 84% transacted exclusively or almost exclusively in USDT, prompting Blumenthal to seek federal investigations. The inquiry criticizes Tether's historical wallet-freezing practices but does not establish that the company violated federal law.
USDT
Disclaimer: This content is provided via CryptoNews and third-party sources. Tothemoon does not create, verify, or endorse this content and makes no guarantees as to its accuracy. The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. It is provided for informational purposes only and is not investment advice.