Tether responds to account deactivation controversy, raises compliance checks By Cointelegraph

, the company behind market-leading stablecoin Tether (USDT), has addressed concerns regarding its operational decisions.

According to documents released by the New York Attorney General (NYAG), Tether reportedly deactivated approximately 29 accounts belonging to prominent cryptocurrency players in 2021. It appears that most individuals on the list had their accounts terminated for different reasons.