Wallets sanctioned over Iran ties overwhelmingly dealt in Tether’s USDT stablecoin, according to Senate Democrats.
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Senate Investigation Finds Rampant Use of Tether’s Stablecoin by Iranian Regime
Headline from Wall Street Journal ·
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Senate Finds Rampant Use of Tether by Iranian Regime
By Chandni Shah Sept 28 (Reuters) - Tether's USDT stablecoin has become a "significant financial lifeline" for Iran and a tool for funding proxy organizations, including Hezbollah, according to a report led by Senate Democrats, published on Monday.
Dylan Tokar, WSJ Iran has relied on digital dollars issued by one of the world's most profitable cryptocurrency companies to bypass a U.S. sanctions dragnet, said a report that Senate...
Senate Investigation Finds Rampant Use of Tether’s Stablecoin by Iranian Regime | Since Then