- Based on a Could 14 submit on MistTrack, Tether has frozen 5.2 million USDT tokens.
- The token was related to 12 Ethereum addresses.
- These addresses could also be related to laundering addresses from phishing teams.
Tether, the world's largest stablecoin-related firm by market capitalization, froze 5.2 million USDT on Could 14, in accordance with information from Misttrack, a crypto monitoring and compliance platform.
in submit Misttrack is a social media platform referred to as He stated it was frozen.
Particularly, these 12 addresses could also be cash laundering addresses for phishing teams. It is not uncommon for attackers to withdraw funds to a different platform and use crypto mixers to launder the funds.
Again in November 2023, stablecoin issuers introduced Achieved the “largest USDT freeze in historical past” in partnership with digital asset buying and selling platform OKX. Greater than 225 million USDT tokens related to 37 wallets have been frozen, with the funds linked to human trafficking teams on Monday.
Moreover, the stablecoin issuer additionally froze 41 wallets managed by people on the Workplace of International Property Management (OFAC) Specifically Designated Nationals (SDN) listing in December 2023. It is very important notice that crypto corporations are actively freezing addresses related to scammers and fraudsters. hacker. Based on earlier reviews, Binance and Huobi have frozen $1.4 million price of crypto property associated to Lazarus Group's Concord Bridge theft in June 2022.
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