in bitfinex, Cryptocurrencies, Stablecoin, Tether

Tether stablecoin issuer freezes 8.2M USDT on Ethereum: Data

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Tether stablecoin issuer freezes 8.2M USDT on Ethereum: Data thumbnail

Tether has frozen a total of 215 USDT addresses on Ethereum in 2022 so far, according to data compiled by ETH researcher Philippe Castonguay.

Major stablecoin issuer Tether froze yet another batch of USDT on the Ethereum blockchain, freezing more than $8 million worth of the cryptocurrency.

Crypto monitoring resource Whale Alert has identified several transactions indicating that Tether froze three USDT addresses on Oct. 10.

According to data from transaction logs on Etherscan, the frozen addresses hold 3.4 million USDT, 1.95 million USDT and 2.9 million USDT. The addresses are no longer able to move funds and collectively hold $8.2 mi

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