- Tether, the issuer of the USDT stablecoin, has frozen three addresses holding a total of 49.2 million USDT.
- Among the frozen addresses, the first holds 21.67 million USDT and 3,331 ETH worth $7.68 million.
- The second address contains 16.48 million USDT and approximately 35.2 ETH valued at around $81,000.
- The third address stores 11.05 million USDT and 0.47 ETH worth more than $1000.
- It is unclear whether these addresses are related, although each holds some small amounts of MTV and PLS tokens worth less than $3.
- Shortly before the freeze, 40 million XRP was sent to the Binance exchange.
- In November 2023, Tether froze $225 million in crypto wallets associated with an international criminal organization, and in December, the USDT issuer blocked another 161 wallets.
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Tether froze 49.2 million USDT on three addresses
