Tether CEO Paolo Ardoino says that U.S. Senator Richard Blumenthal’s “analysis” of Tether’s sanctions report overlooks one point: since 2023, Tether has frozen the relevant addresses an average of four weeks before the U.S. Treasury’s Office of Foreign Assets Control (OFAC) and Israel’s National Bureau for Counter Terror Financing (NBCTF) officially designated them for sanctions, and in 99% of cases, before Chainalysis flagged the addresses. He said Tether’s actions reduced the volume of stablecoin transactions linked to Iran by 94%.
Regarding the claim that “U.S. Senator Richard Blumenthal’s ‘analysis’ of Tether’s sanctions report overlooks one point: since 2023,” I’m more interested in whether the conditions set out in the original claim can be verified than in simply accepting a bullish or bearish conclusion. This records one party’s interpretation and judgment; an opinion should not be treated as a policy change that has already occurred or as a future outcome.
Next, I’ll compare the original claim’s conditions with actual data point by point. If the conditions are not met, or if the trend moves in the opposite direction to the assumption, this interpretation will need to be reassessed. Do you agree with the conditions in the original claim, or do you have counterevidence that better explains the trend?
Regarding the claim that “U.S. Senator Richard Blumenthal’s ‘analysis’ of Tether’s sanctions report overlooks one point: since 2023,” I’m more interested in whether the conditions set out in the original claim can be verified than in simply accepting a bullish or bearish conclusion. This records one party’s interpretation and judgment; an opinion should not be treated as a policy change that has already occurred or as a future outcome.
Next, I’ll compare the original claim’s conditions with actual data point by point. If the conditions are not met, or if the trend moves in the opposite direction to the assumption, this interpretation will need to be reassessed. Do you agree with the conditions in the original claim, or do you have counterevidence that better explains the trend?