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I mean.. that is basically how ALL entities ( and individuals ) in US are expected to behave. Now, Tether as an entity is based in Hong Kong, but, as one theory
by A4ET8a8uTh0 4y ago
I mean.. that is basically how ALL entities ( and individuals ) in US are expected to behave. Now, Tether as an entity is based in Hong Kong, but, as one theory goes, the moment it touches US dollar it is in OFAC's scope. And tether does do just that.
Not to search very far, more recent SDN update had a whole bunch addresses to be blocked. I am all but certain none of the US based entities even thought of not complying.
https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20220808 https://home.treasury.gov/policy-issues/financial-sanctions/...