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Tether and Senate Democrats Clash Over Iran’s Shadow Crypto Network

News.Bitcoin.com
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Tether and Senate Democrats Clash Over Iran’s Shadow Crypto Network

On Monday, stablecoin heavyweight Tether disclosed that it had assisted in freezing nearly $550 million in Iran-linked USDT. Yet that very same day, the Wall Street Journal (WSJ) published an exclusive citing a newly released Senate Democratic report detailing Iran’s reliance on USDT. Senate Report Examines 846 Crypto Addresses Linked to Iran Following the WSJ […]

Key Takeaways

  1. On Monday, stablecoin heavyweight Tether disclosed that it had assisted in freezing nearly $550 million in Iran-linked USDT.
  2. Yet that very same day, the Wall Street Journal (WSJ) published an exclusive citing a newly released Senate Democratic report detailing Iran’s reliance on USDT.
  3. Senate Report Examines 846 Crypto Addresses Linked to Iran Following the WSJ […]
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.