Tether Freezes USD 160M-Heavy Addresses on Law Enforcement Request
Stablecoin issuer Tether (USDT) froze three addresses on Ethereum (ETH), which together hold USD 160m worth of assets. This has been confirmed by Tether, stating that they have done so upon request from law enforcement,...
Stablecoin issuer Tether (USDT) froze three addresses on Ethereum (ETH), which together hold USD 160m worth of assets.
This has been confirmed by Tether, stating that they have done so upon request from law enforcement, per Coindesk.
Per data analytics site Bloxy, Tether itself has so far frozen 563 addresses. Three are listed as having been blocked on January 13....
Read More: Tether Freezes USD 160M-Heavy Addresses on Law Enforcement Request
Original source
Read on CryptonewsRelated market context
Tether blacklists wallet linked to $120M USDT transfer, freezes $72M
Tether's frequent fund freezes highlight the centralized control over USDT, raising concerns about asset accessibility and regulat...
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...
Tether’s Brief Flip of Ether in Value Gives Crypto a Reality Check
Tether's USDT briefly overtook Ether in market value for a few hours, highlighting the growing dominance of stablecoins in crypto....
Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand
TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stab...
Monero Jumps 30% After ZachXBT Traces $120M USDT Laundering Run Through Privacy Coin
Monero surged roughly 30% to an intraday high of $438 late Thursday ET after blockchain investigator ZachXBT traced a $120 million...
Spark’s Liquidity Layer manages $1B in USDT for optimal returns
Spark's strategic growth and risk management in DeFi could redefine stablecoin capital markets, emphasizing security and governanc...