CryptoDecryptabout 1 hour ago
Blumenthal: Tether USDT a Sanctions 'Superhighway'
3 min read
Senator Richard Blumenthal's subcommittee report found 84% of 846 sanctioned Iran-linked wallets transacted almost exclusively in Tether's USDT. Two smugglers moved over $603 million in USDT from 2021 to 2025 through a network reaching Hizballah and the Houthis. Blumenthal asked Treasury and the Justice Department to investigate Tether's sanctions compliance.
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