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Tether Freezes Five Ethereum Addresses Holding 24.35 Million USDT

The addresses had been active in 2021 and 2023. SlowMist said one had interacted with wallets it identified as tied to phishing and pig-butchering scams.

Mentioned assets
A hardware wallet rests beneath five sealed metal tags / TokenPost.ai
A hardware wallet rests beneath five sealed metal tags / TokenPost.ai

Tether froze five Ethereum addresses holding a combined 24.35 million Tether (USDT), with the action estimated around 3 p.m. ET Nov. 9 (about 20:00 UTC), affecting addresses active in 2021 and 2023.

SlowMist said one of the frozen addresses had interacted with wallet addresses it identified as tied to phishing and pig-butchering scams.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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