On-chain investigator ZachXBT has reported that a wallet address linked to the Iranian cryptocurrency exchange Wallex has been frozen by Circle and Tether. The address, 0x6926408f55c4f322ebe1a3cc7e4fff380c5543df, was frozen after Wallex aggregated crypto assets from multiple hot wallets on the Tron and Ethereum networks to BNB Chain using cross-chain bridges. As a result, approximately $2.49 million in assets are currently frozen and inactive in the wallet.
Circle and Tether Freeze Iranian Exchange Wallex's Wallet, $2.49M Stuck
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
