The stablecoin issuer cited “exercise tied to illegal conduct” however no additional clarification for the freezing of the dollar-pegged tokens held in two pockets addresses.
Tether, the corporate that points the USDt dollar-pegged stablecoin, stated Thursday that it froze greater than $344 million in USDt on the request of US legislation enforcement officers.
The corporate froze two pockets addresses on the request of US authorites for “exercise tied to illegal conduct,” based on Tether’s announcement.
Tether didn’t present a particular purpose for the asset freezes, however stated that it freezes pockets addresses tied to “sanctions evasion, prison networks, or different illicit exercise.”
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