Tether has implemented a new voluntary wallet freezing policy targeting activity associated with sanctioned individuals on the OFAC SDN List. The company has frozen 41 wallets linked to individuals on the U.S. Treasury Department's OFAC list of Specially Designated Nationals. Tether's CEO Paolo Ardoino confirmed the freezing of the address of the Ledger exploiter, which holds $44k USDT and other assets totaling $412k. The freezing is part of a strategic decision to adhere to global safety standards and expand their cooperation with law enforcement and regulators. The freezing of 161 wallets, with only eleven holding USDT, is a significant move by Tether's new CEO, Zack Abrams.
ICYMI: Tether freezes wallet of Ledger library exploiter; Ledger provides more details https://t.co/U528GE6CZX
Tether freezes wallet of Ledger library exploiter; Ledger provides more details https://t.co/DEKLNdVV0E
BREAKING 🚨🚨 Tether has frozen the Ledger exploiter address which contains $44k USDT. The exploiter still has over $400k worth of assets.
JUST IN: Tether has identified and frozen the address of the Ledger hacker https://t.co/gOT8piFtZv
Tether CEO Paolo Ardoino said that Tether had just frozen the address of the Ledger exploiter. 0x65...5c2d was blacklisted by Tether 15 minutes ago. This address holds 44k USDT, in addition to STETH, USDC and other assets totaling 412k USD. https://t.co/0eJVezJdgD… https://t.co/pPjdWJLQhx
OFAC around & find out: Tether freezes wallets, Coinbase still acting tough https://t.co/QwI7jeF9n8
ICYMI: Tether’s new sanctions froze 161 wallets. Only eleven hold USDT. https://t.co/ON2xy2J3eo
Tether's new sanctions froze 161 wallets. Only eleven hold USDT. https://t.co/4aabdsESFi
Tether freezes crypto wallets on sanctions list https://t.co/eJmPRKh0uX
USDT issuer Tether proactively froze 41 wallets on Saturday linked to people on the U.S. Treasury Department's OFAC list of Specially Designated Nationals, several of which addresses had been using Tornado Cash. Tether says this is a new voluntary wallet freeze policy with extra… https://t.co/fbakMx9uLZ
ICYMI: Tether freezes all OFAC-sanctioned wallets in ‘proactive’ security measure https://t.co/hRNOD9dPLv
NEW: Tether implements voluntary wallet freezing. This action targets activity associated with sanctioned individuals on the OFAC SDN List. This “strategic decision” to global safety standards expands their “close working relationship with global law enforcement and regulators" https://t.co/zN264JqCki
Tether freezes wallets of those sanctioned by the US Treasury's OFAC to prevent "potential misuse" of Tether tokens, the first significant move by its new CEO (@zackdabrams / The Block) https://t.co/oVfCydeXeg 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/7UHB3BGmoV
Tether just announced they’ll freeze sanctioned wallets…. So what were they doing before? https://t.co/Vjunwt91sU
Tether Freezes Certain Wallets Due to Security Concerns https://t.co/olzklyQDPj
Tether freezes all OFAC-sanctioned wallets in 'proactive' security measure https://t.co/Ojitj3L8Oh