‘When the DOJ needs to freeze assets, they reach out to us,” Ardoino said. (He pointed out that Tether has successfully frozen over 600 million USDt in collaboration with U.S. law enforcement.) “We possess the capability to freeze assets with surgical precision. However, when the Treasury adds entities to the OFAC SDN list, it’s instantaneous—they’re gone in a minute. Ideally, they could approach us beforehand, saying, ‘We’re investigating these individuals, planning to impose sanctions. Could we freeze their assets before making it public?’ This way, we can effectively lock down the funds.”
Comments (No)