Tether is Not Blacklisting Accounts Associated with Tornado Cash
- “Tether has not been contacted by U.S. officials or law enforcement with a request” to freeze transactions with Tornado Cash, Tether’s chief technology officer, Paolo Ardoino, said in a statement, adding that the company “normally complies with requests from U.S. authorities.”
- It is not clear whether Tether is legally obligated to fall in line with Treasury’s sanctions.The Hong Kong-based company suggests it is not, because it “does not operate in the United States or onboard U.S. persons as customers,” Ardoino said. But he said the company considers Treasury sanctions “as part of its world-class compliance program.”
- When asked whether Treasury considers Tether to be in violation of Tornado Cash sanctions, the department declined to comment.