A recent paper has raised concerns about the reliance on Tether and Circle for sanctions enforcement, suggesting that this approach may be based on flawed assumptions. Jessi Brooks expressed apprehension, noting that these companies are responsible for a significant portion of asset freezing, which could be problematic if the underlying assumptions are incorrect. The paper highlights potential vulnerabilities in the current system of outsourcing sanctions enforcement to these two major cryptocurrency firms.
Concerns Raised Over Sanctions Enforcement by Tether and Circle
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