Tether, which claims to be the largest company in the cryptocurrency industry, announced its latest initiative aimed “at safeguarding the cryptocurrency ecosystem.” On December 1, 2023, the company made the decision to “initiate a new voluntary wallet-freezing policy designed to combat activity connected with Sanctioned persons on the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List.” As part of its continued dedication to fostering a secure and reliable environment for users worldwide,
