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by mteam88 903 days ago
I think it relates to this quote from the article:

"Tether is grateful for the opportunity to address the concerns raised by U.S. lawmakers, and we are committed to continuing Tether’s close work with law enforcement in the U.S. and globally. Tether seeks to be a world class partner to the U.S. as we continue to assist law enforcement and expand dollar hegemony globally."

~ a dedication to working together in the future

2 comments

Which is itself a weird phrasing. OFAC compliance is an obligation, not an "opportunity".
Perhaps "the opportunity to address the concerns" is in contrast to being shut down with no opportunity for corrective action.

Kinda like someone released on parole is happy for an opportunity to work and obey the law.

Still not a partnership. Tether spin.
Of course it's spin. What else could they say? "we keep having to respond to your damn emails"?
obviously spin, but "partnership" doesn't bother me much. Partnership doesnt mean equal partners. Someone might have a business "partnership" with a warlord, that lets them live as long as you prive payments.
> Partnership doesnt mean equal partners.

It still implies some sort of meeting of the minds. You wouldn't say you've entered a "partnership" with the IRS because you paid your taxes, nor a "partnership" with the police because they pulled you over and searched your car.

"I'm excited to work with the Philadelphia Police Department in our new partnership and am thankful they agreed to negotiate yet another meeting with the parole board after I helpfully divulge where I hid more of the remaining bodies."

You really do catch more flies with honey.

Business is business. They are proactive in selling their service to the government.
In lay men’s terms this is called ass kissing.
Corpspeak for "we follow the laws, please don't shut us down or fine us, we're the good guys".