Tether responds to calls from US lawmakers for DOJ action

Attached has reacted has the legislators requests For DOJ action on It is stable coin to use, affirming he wanna has be A "world class partner has THE United States."

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Attached, THE business behind THE stable coin Attached (USDT), disclosed letters directed has WE. legislators, addressing requests For intervention by THE Department of Justice In relationship has THE illicit to use of It is stable coin.

THE communications were sent has members of THE WE. Senate Committee on Banking, Accommodation, And Urban Business And THE WE. Home Financial Services Committee on Nov. 16 And Dec. 15, retailer “Tether’s commitment has struggle illicit to use of stable coins."

THE letters aim has answer calls Since Senator Cynthia Lummis And Representative French Hill Since October, exhorting THE DOJ "has thoroughly assess THE extent has which Binance And Attached are provide material support And resources has support terrorism. »

THE the legislators do THE Remarks After Hamas spear A coordinated attack against Israel on October. 7, which they suggested was supported In part by illicit crypto transactions "provide significant terrorism funding. »

As part of It is answer, Attached declared that he has A Know Your Customer (KYC) program, A transaction monitoring system, And A "proactive approach" has identify suspicious accounts And activities.

"We to have always assisted law enforcement When called on has act, And We stay fully engaged has continue has work proactively with agencies worldwide. Attached has And will to assist In identify And frozen addresses subject has punishments, engaged In illicit activity, Or engaged In any of them form of terrorist financing."