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Tether’s Ardoino disputes Iran report with four-week freeze claim

Ardoino said Tether froze flagged addresses four weeks before official designations on average since 2023 and before Chainalysis labels in 99% of cases.

Summary by crypto.news
Tether CEO Paolo Ardoino has challenged Senator Richard Blumenthal’s Iran sanctions report, saying the company has frozen flagged addresses an average of four weeks before official designations since 2023. Paolo Ardoino said in an Oct. 19 post that the comparison…

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Paulo Ardoino, CEO of Tether, rejects Democratic Senators' report and claims that freezes preceded US and Israel sanctions

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Paolo Ardoino rejects the Senate's accusations of Tether's compliance with sanctions. On October 19, 2026 he said that the issuer froze the wallets reported on average four weeks before the official nominations. His response contests an investigation that identified delays in the blocking of addresses related to Hezbollah. That investigation pushed the senator [...]

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crypto.news broke the news on Monday, October 19, 2026.
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