US turns stablecoin issuer Tether into a financial weapon against Iran, freezing nearly $500 million
- Tether has officially become the US Treasury’s favorite remote-control toy, freezing $475 million in USDT linked to Iran’s Central Bank. Yes, the same company that spent years dodging audits is now a frontline enforcer for OFAC. They didn’t just flag the wallets; they pulled the plug on $131 million in Tron-based assets, proving that "decentralized" is just a marketing term until the government asks nicely. While moonboys scream about censorship resistance, Tether’s blocklist proves that if you don’t hold the keys, you’re just renting your own money. The IRGC’s crypto pipeline is getting squeezed harder than a Core Dynamics intern during PoD audit season. It’s not freedom; it’s a licensed corpse of sovereignty. Where's my cut?