Tether’s $700M Wallet Freeze Targets Iran-Linked Funds on Tron Network
Tether has frozen 112 wallets holding approximately $700 million in USDT on the Tron and Ethereum blockchains, a relocation that is connected to Israel-Iran tensions and at the very same time when there is a renewed push within the United States for stablecoin legislation. The post Tether’s $700M Wallet Freeze Targets Iran-Linked Funds on Tron Network appeared first on Coin Edition.
Tether has frozen 112 wallets on the Tron and Ethereum networks holding ~$700M in USDT. The bulk of the frozen wallets are apparently hosted on the Tron blockchain Tether has actually frozen 112 wallets holding approximately $700 million in USDT on the Tron and Ethereum blockchains, a move that is connected to Israel-Iran stress and at the exact same time when there is a renewed push within the United States for stablecoin legislation. The 112 frozen addresses received nearly $700 million in USDT before being frozen, with the top four wallets locked down four days earlier, a complete 2 days after the highly advertised ‘pig butchering’ fraud wallet seizure by Tether, Coinbase, and OKX.
Tether has actually frozen 112 wallets on the Tron and Ethereum networks holding ~$700M in USDT. The bulk of the frozen wallets are reportedly hosted on the Tron blockchain Tether has actually frozen 112 wallets holding around $700 million in USDT on the Tron and Ethereum blockchains, a relocation that is linked to Israel-Iran stress and at the same time when there is a restored push within the United States for stablecoin legislation. The 112 frozen addresses got almost $700 million in USDT before being frozen, with the top 4 wallets locked down 4 days earlier, a full 2 days after the extremely publicized ‘pig butchering’ rip-off wallet seizure by Tether, Coinbase, and OKX.
