Tether, a top crypto company, defies U.S. sanctions on service that hid stolen assets – The Washington Post

One crypto company that has attracted scrutiny from U.S. regulators and law enforcement in the past, Tether, may be in violation of Treasury’s new rules. According to a Washington Post analysis of data from Dune Analytics, a crypto intelligence firm, Tether is not blacklisting accounts associated with Tornado Cash.

So far, the U.S. government has not taken action. “Tether has not been contacted by U.S. officials or law enforcement with a request” to freeze transactions with Tornado Cash, Tether’s chief technology officer, Paolo Ardoino, said in a statement, adding that the company “normally complies with requests from U.S. authorities.”

Source: Tether, a top crypto company, defies U.S. sanctions on service that hid stolen assets – The Washington Post