Tether has frozen more than 160 sanctioned crypto wallets.....#
The Tether company, which produces the world's largest stablecoin Tether USD (USDT), froze assets on 161 wallets on December 10, drew the attention of The Block, whose reporters studied public data on the blocking of funds.
On Saturday, December 9, Tether Limited announced that it will be freezing USDT balances held by individuals on the US Office of Foreign Assets Control (OFAC) sanctioned list. The company took this step voluntarily to âprevent any potential abuse of Tether tokens and strengthen security measures.â
