Tether: We have introduced the FBI and the US Secret Service to our platform

Tether, the company responsible for the USDT stablecoin, has released letters from the company to the U.S. Senate Committee on Banking, Housing, and Urban Affairs and the U.S. House Financial Services Committee outlining its "commitment to security and strong partnership with law enforcement." . In the newer letter, Tether CEO Paolo Ardoino, who recently took over the leadership of the company, highlighted Tether’s recent decision to ban all wallets for Tether tokens on the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) sanctions list. Tether claims to have so far helped the U.S. Department of Justice, the U.S. Secret Service, and the FBI freeze 326 wallets controlling 435 million USDT, although its most recently frozen wallets appear to contain far fewer tokens than that combined . Ardoino also announced that Tether “has recently brought the U.S. Secret Service onto our platform and is in the process of doing the same with the FBI.”