An address containing 5.3 million USDT has been frozen.
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September 7, 2024
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ChainCatcher News: 5,300,000 USDT Address Frozen
According to Whale Alert, a USDT address containing 5,300,000 USDT was frozen at 17:39:23 Beijing time.
It is known that Tether, the issuer of USDT, has the authority to freeze USDT addresses. They can choose to freeze the entire address or only the USDT balance within it, leaving other crypto assets unaffected. Tether typically decides to freeze an address based on legal compliance, anti-money laundering considerations, and other factors.
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