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Tether freezes $5.2 million worth of USDT tied to phishing scam

CointimeCointime2024/05/14 09:28
By:Cointime

According to Cointelegraph, Tether, the stablecoin issuer, has frozen $5.2 million worth of USDT related to phishing scams. The USDT was stored in 12 Ethereum wallets labeled as "USDT disabled addresses". The chief security officer of blockchain analysis firm Slomist stated that these addresses were used for money laundering through phishing scams, but did not provide further details.

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