Stablecoin Giant Tether Freezes $182 Million in USDT Across Five Tron Wallets
6 Articles
6 Articles
Tether froze $182M in TRON-based stablecoins
Tether froze $182M in stablecoins, locked in five TRON-based wallets. The wallet data links it to illicit transactions. Tether froze $182M on the TRON network after tracking down illicit transactions. The funds are linked to some of the usual scams using stablecoins, mostly linked to personal wallet attacks or confidence scams. Tether froze out five wallets in a single transaction, adding them to their banned list. Tether freezes $3.3B in sta…
Tether freezes $182M in USDT, highlighting centralized control in stablecoins
The action was detected by Whale Alert and ranks among the largest single-day USDT freezes. Tether has frozen over $3 billion in assets from more than 7,000 addresses since 2023. Stablecoins now account for the majority of illicit crypto activity tracked by Chainalysis. Tether, the issuer of the world’s largest stablecoin, froze more than $180 million worth of USDT within 24 hours, underscoring the growing role of centralized control and law-enf…
Tether Freezes $182 Million USDT Across Five Wallets
Tether, the issuer of the world’s largest stablecoin, froze more than $180 million worth of USDT over the last 24 hours. On January 11, the blockchain tracking service Whale Alert flagged a series of five distinct freezing actions executed by Tether. Why Did Tether Freeze Millions in USDT Without Warning? The operations targeted Tron-based wallets...
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