CoinDesk Podcasts

The Breakdown With NLW Episode

Tether Chooses to ‘OFAC Around and Find Out’

The stablecoin issuer says it won’t blacklist addresses unless law enforcement specifically asks it to do so.
The Breakdown With NLW Episode
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This episode is sponsored by Nexo.ioChainalysis and FTX US.

On today’s episode, NLW looks at the latest news on Tornado Cash sanctions. Specifically, he looks at Tether’s announcement this week that the stablecoin issuer would not blacklist addresses from Tornado Cash unless U.S. law enforcement specifically asked it to do so.

See also: Tether’s Tornado Cash Noncompliance Is Less Brave Than You Think

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is “The Now” by Aaron Sprinkle and “The Life We Had” by Moments. Image credit: sesame/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

Tether Chooses to ‘OFAC Around and Find Out’