TechFlow news: Tether has submitted letters to the U.S. Senate Committee on Banking, Housing, and Urban Affairs, as well as the U.S. House Committee on Financial Services, outlining its "commitment to safety and close working relationships with law enforcement agencies."
In a recent letter, Tether CEO Paolo Ardoino emphasized Tether's recent decision to prohibit the use of USDT in all wallets listed on the Office of Foreign Assets Control (OFAC) sanctions list.
Tether claims it has so far assisted the U.S. Department of Justice, the U.S. Secret Service, and the Federal Bureau of Investigation (FBI) in freezing 326 wallets holding 435 million USDT, although the number of tokens in the most recently frozen wallets appears significantly lower than this total. Ardoino also announced that Tether "recently onboarded the U.S. Secret Service onto our platform and is doing the same for the FBI."
