Tether: We’ve added the FBI and Secret Service to our platform.

The company behind Tether USDT

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Stablecoin released a letter to the U.S. Senate Committee on Banking, Housing, and Urban Affairs and the U.S. House of Representatives Committee on Financial Services outlining its “commitment to security and close partnership with law enforcement.”

In a recent letter, Tether CEO Paolo Ardoino, who recently took over the reins of the company, highlighted Tether’s recent decision to deactivate Tether tokens in all wallets on the Office of Foreign Assets Control (OFAC) sanctions list. Tether claims to have helped the Department of Justice, the U.S. Secret Service, and the Federal Bureau of Investigation (FBI) freeze 326 wallets managing 435 million USDT to date, although the latest frozen wallet contains much less than that amount. It appears that a token is included.

Ardoino also announced that Tether “recently welcomed the U.S. Secret Service onto our platform and is working on doing the same” for the FBI.

The letter was addressed to Senator Cynthia Lummis, a known cryptocurrency-friendly figure in the Senate, and was also sent to the chair and ranking members of the aforementioned committee.

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