Tether has frozen approximately 24.35 million USDT across five Ethereum addresses, according to blockchain monitoring firm MistTrack. The freeze occurred roughly eight hours ago and targets accounts that were previously active in 2021 and 2023.
One of the blacklisted addresses had interacted with wallets flagged by MistTrack as associated with phishing and "pig butchering" scams. This action reinforces Tether's ongoing efforts to combat illicit activity on its network by restricting access to funds linked to fraudulent schemes.
Tether Freezes $24.35M in USDT Across Five Ethereum Addresses Linked to Scam Activity
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