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Tether states it has frozen nearly $550 million in Iran-linked USDT by 2026, but Senate investigators allege $35 million flowed out due to delayed freezes.
Tether stated that it assisted in freezing nearly $550 million in Iran-linked USDT during 2026. However, Democratic investigators from the U.S. Senate Permanent Subcommittee on Investigations alleged that tens of millions of dollars continued to flow due to the failure to blacklist some identified wallets in a timely manner.
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