Tether to Freeze Addresses Evading Sanctions on Venezuelan Oil Exports

Tether, a cryptocurrency stablecoin, has recently announced that it will freeze addresses that are believed to be evading sanctions on Venezuelan oil exports. This action is part of an effort to cut down on potential illegal activities and ensure that Tether and other cryptocurrencies are not being used to circumvent international laws.

Authorities have explained that those who export Venezuelan oil are essentially supporting the regime there, which is widely considered to be engaging in human rights abuses and corrupt practices. Sanctions have therefore been enacted to pressure