Tether reportedly puts FTX’s $46M in USDT on ice

1 year ago

Tether has reportedly blacklisted $46.27 cardinal worthy of USDT belonging to FTX.

❄ An code with a equilibrium of 46,360,701 #USDT (46,274,472 USD) has conscionable been frozen!https://t.co/W958MBbhA9

— Whale Alert (@whale_alert) November 10, 2022

Whale alerts reported that an FTX address with a equilibrium of 46.36 cardinal USDT was blacklisted. Coindesk reported that the seizure was carried retired connected the orders of instrumentality enforcement agencies.

According to Coindesk, a Tether enforcement said:

“We are starting to person requests from LE to temporarily frost assets portion probe occur.”

CryptoSlate reported earlier that Tether’s USDT had somewhat mislaid its peg during the aboriginal trading hours of Nov. 10. Speculations wrong the abstraction were that Alameda was shorting the plus successful anticipation of further drops.

The stablecoin issuer has antecedently denied it had exposure to the struggling crypto speech oregon Alameda Research

The station Tether reportedly puts FTX’s $46M successful USDT connected ice appeared archetypal connected CryptoSlate.

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