Tether freezes three addresses with USDT worth $8,2 million

In total, three new addresses were blacklisted

11.10.2022 - 09:00

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What’s new? According to the Whale Alert platform, Tether blacklisted three addresses and froze USDT stablecoins totaling $8,24 million on them on the night of October 10-11. DeCenter reports, citing data provided by the platform.

News on the DeCenter website

What else is known about freezing? The first address to be blacklisted had 3,4 million USDT frozen, the second had 1,95 million and the third had 2,89 million. No information has yet been released from Tether as to who owns these addresses or what the reason for the freezing was. According to the Dune analytics platform, a total of 795 addresses with assets totaling $443,6 million have been frozen by the company so far.

Statistics on the Dune website

In January, Tether blocked three Ethereum addresses with assets worth $160 million at the request of US authorities. The company noted that it actively cooperates with regulators while refusing to name the reason for blacklisting the wallets.

In August, the U Treasury Department banned the Tornado Cash crypto mixer, after which Circle, the issuer of the USDC stablecoin, froze more than 75 000 coins associated with the service’s sanctioned addresses.

On October 6, NFT platform Dapper froze the assets of customers from the Russian Federation on behalf of a partner licensed in the EU. The decision is related to the eighth sanctions package, which completely bans crypto companies from servicing Russians, regardless of the amount of assets on their accounts.

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