{"id":26708,"date":"2024-05-14T20:50:28","date_gmt":"2024-05-14T20:50:28","guid":{"rendered":"https:\/\/davidgerard.co.uk\/blockchain\/?p=26708"},"modified":"2024-05-14T20:50:28","modified_gmt":"2024-05-14T20:50:28","slug":"tether-and-sanctions-whats-coming-for-paolos-beautiful-launderette","status":"publish","type":"post","link":"https:\/\/davidgerard.co.uk\/blockchain\/2024\/05\/14\/tether-and-sanctions-whats-coming-for-paolos-beautiful-launderette\/","title":{"rendered":"Tether and sanctions: what\u2019s coming for Paolo\u2019s beautiful launderette"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Tether has long played financial shell games to keep its dollar stablecoin USDT up and running. It\u2019s also been happy to ignore money laundering laws for most of its existence.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But we think Tether\u2019s day of reckoning is on the horizon due to USDT\u2019s latest use case: sanctions evasion.<\/span><\/p>\n<p>This edition is over at Amy&#8217;s. [<a href=\"https:\/\/amycastor.com\/2024\/05\/14\/tether-and-sanctions-whats-coming-for-paolos-beautiful-launderette\/\"><em>Amy Castor<\/em><\/a>]<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2021\/10\/29\/the-cftc-settlement-with-tether-and-bitfinex-42-5-million-dollars-in-fines\/tether-reserve-paper\/\" rel=\"attachment wp-att-20814\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-20814\" src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2021\/10\/tether-reserve-paper.jpg\" alt=\"\" width=\"510\" height=\"315\" srcset=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2021\/10\/tether-reserve-paper.jpg 680w, https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2021\/10\/tether-reserve-paper-300x185.jpg 300w, https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2021\/10\/tether-reserve-paper-348x215.jpg 348w\" sizes=\"auto, (max-width: 510px) 100vw, 510px\" \/><\/a><\/p>\n<br><br><div align=\"center\"><p><a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\"><img src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2021\/10\/become_a_patron_button.svg\" alt=\"Become a Patron!\" title=\"Become a Patron!\" width=217 height=51><\/a><br><p style=\"align:center;\" class=\"patreon-badge\"><i>Your subscriptions keep this site going. <a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\">Sign up today!<\/a><\/i><\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>Tether is Liberty Reserve but on the blockchain.<\/p>\n","protected":false},"author":1,"featured_media":20814,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[3717,1225,858,2326,722,137,39,745,403,296],"class_list":["post-26708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorised","tag-hamas","tag-liberty-reserve","tag-north-korea","tag-ofac","tag-paolo-ardoino","tag-russia","tag-tether","tag-united-states","tag-us-treasury","tag-venezuela"],"jetpack_featured_media_url":"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2021\/10\/tether-reserve-paper.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/26708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/comments?post=26708"}],"version-history":[{"count":2,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/26708\/revisions"}],"predecessor-version":[{"id":26710,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/26708\/revisions\/26710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media\/20814"}],"wp:attachment":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media?parent=26708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/categories?post=26708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/tags?post=26708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}