Tether freezes wallets of those sanctioned by the US Treasury's OFAC to impede "potential misuse" of Tether tokens, the first significant proceed by its new CEO (Zack Abrams/The Block)

Zack Abrams / The Block:

Tether freezes wallets of those sanctioned by the US Treasury’s OFAC to impede “potential misuse” of Tether tokens, the first significant proceed by its new CEO  —  – Tether has frozen its coins held in crypto wallets sanctioned by the U.S. Office of Foreign Asset Controls, the company announced today.