Why Isn’t Tether Blocking Tornado Cash Accounts Despite US Sanctions

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Last Updated on August 26, 2022 by Bitfinsider

According to reports, Tether is not blacklisting Tornado Cash addresses. Following US sanctions, several crypto entities have banned addresses associated with cryptocurrency mixer Tornado Cash. These entities have also blocked addresses that used the mixer. Nonetheless, a recent report suggests that Tether may be lenient in this regard.

Tether allegedly has not blocked any of the authorized Tornado Cash addresses. Furthermore, the stablecoin behemoth has not blocked any Tornado Cash-related addresses.

Tether’s Chief Technology Officer, Paolo Ardoino, commented on the situation. The software developer revealed that the US government has yet to contact Tether about the issue. He went on to say that the company had received no specific request to blacklist Tornado Cash accounts.

Ardoino stated that Tether has always complied with regulatory requests from the United States government. Regardless, Tether’s recent perceived defiance could be due to its jurisdiction. The Hong Kong-based company has no operations in the United States and no American employees. This could imply that the company is not required to comply with American sanctions.

Tether has previously stated that its operations are overseen by the US Treasury. This is because the company is a member of the Financial Crimes Enforcement Network. The Treasury Department has refused to comment on whether Tether is in violation of the Tornado Cash sanctions. The lack of clarity has been noted by industry participants.


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Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.


Hardware wallets are safe and secure devices that can be used offline. They keep your cryptocurrency offline, making it impossible for you to be hacked. To find out more on the leading hardware wallets, you may view our reviews here: Ledger & Trezor
Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.

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