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Tether, the largest stablecoin issuer, froze approximately $5.2 million worth of USDT on 12 Ethereum addresses on May 14. These addresses have been associated with phishing scams and were labeled as 'USDT Banned Address' by MistTrack, a blockchain security firm. SlowMist, another security firm, suggested that these addresses might be linked to money laundering activities by phishing groups.
Stablecoin issuer Tether froze around 5.2 million USDT on addresses believed to be operated by phishing scammers https://t.co/GLErG13xmt
#Tether freezes 5.2m $USDT associated with illicit activity 🥶💥 Click below to find out more 👇👇👇 https://t.co/BpvWjfhuDn https://t.co/yZ04ToZZcX
Stablecoin issuer @Tether_to freezes $5.2M in USDT linked to phishing scams. https://t.co/R2q7EmNXTg
