Tether says it’s not freezing Tornado Cash until government tells it to
Tether issued a statement explaining that it has not frozen sanctioned wallet addresses with ties to Tornado Cash.
Tether is upholding its decision not to freeze sanctioned wallet addresses with ties to Tornado Cash because it has not received any requests from US lawmakers or regulators to do so, the company said in a statement today. The Treasury Department now lists several sanctioned wallet addresses for ether and Centre's dollar-pegged stablecoin USD Coin . While Tether's US dollar-pegged stablecoin USDT does not appear by name on the list, that currency can interact with ETH addresses using the ERC-20 token standard. For example,Tether said that it"works closely" with US law enforcement, and does freeze privately held wallets when it receives legitimate requests from authorities.
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