Tether Freezes $140 Million USDT Amidst Ongoing AML and Sanctions Compliance Efforts

Tether, a major stablecoin issuer, has frozen $140 million USDT across three different addresses. The detailed reasons behind the asset freeze remain undisclosed, but recent trends emphasize the company’s focus on regulatory compliance. CEO Paolo Ardoino has previously emphasized Tether’s dedication to anti-money laundering (AML) practices and sanctions compliance. A recent significant freeze of $140

Source: CoinOtag