Tether freezes a wallet with 5 million USDT on the Ethereum blockchain
Data on the reasons for the freeze and the owner of the wallet have not yet been released
20.01.2023 - 15:20
821
1 min
0
What’s new? According to analytics platform Whale Alert, Tether (the issuer of the largest USDT stablecoin by capitalization) froze an Ethereum address with 5 million USDT in its account on the night of January 19-20.
What is known about the freeze? No information has yet been released from Tether as to who owns the address or what the reason for the freeze is. According to the Dune analytics platform, a total of 828 addresses with assets totaling $444,28 million have been frozen by the company so far.
Statistics on the Dune website
In October 2022, Tether froze three addresses with USDT worth $8,2 million, and in November it blacklisted the wallet of the bankrupt FTX crypto exchange with 46,36 million USDT on the TRON blockchain. In January, the company blocked three Ethereum addresses with $160 million at the request of the US authorities. Tether noted that it is actively cooperating with regulators, but did not give a reason for the blocking.
Useful material?
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Market
The company predicts that the rate of the first cryptocurrency will grow to $200 000 by the end of next year
Nov 11, 2024