According to information released by the New York Attorney General (NYAG), Tether, the issuer of leading stablecoin USDT, reportedly deactivated around 29 accounts tied to significant players in the cryptocurrency sphere in 2021.
While reasons for the individual account terminations remain undisclosed, the named entities included MoonPay, BlockFi, CMS Holdings, and Galois Capital.
Responding to the unfolding situation, Tether indicated its reluctance to comment on specific customer relationships, noting that each party had undergone stringent compliance checks both during onboarding and throughout their relationship, in line with Tether’s compliance policies.
NYAG Investigation and Tether’s Commitment to Transparency
While the NYAG investigation wrapped up in early 2021, some of the documents in question extend until June of that year. These documents were collected during the NYAG’s probe into Tether and sister company Bitfinex over the alleged misappropriation of $850 million. During
We współpracy z: https://cryptodaily.co.uk/2023/06/tether-responds-to-account-deactivation-controversy
