Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Stable Coins Forum => Topic started by: Oxumare on January 14, 2022, 11:40:19 AM

Title: Tether froze 3 addresses worth 160 million dollars in total
Post by: Oxumare on January 14, 2022, 11:40:19 AM

Tether company has frozen 3 addresses on the Ethereum blockchain. These address holders are currently unable to move their funds.
They usually do this for suspicious addresses. But this kind
Currently, it has blacklisted a total of 563 addresses on the Ethereum blockchain.

Title: Re: Tether froze 3 addresses worth 160 million dollars in total
Post by: Evgenklm on January 16, 2022, 12:16:17 PM

So much for decentralization... it raises certain doubts about this, because everyone can essentially be blocked, but I would like to believe that these measures are aimed at the addresses of attackers, and not ordinary law-abiding citizens.

Title: Re: Tether froze 3 addresses worth 160 million dollars in total
Post by: Freemind on January 18, 2022, 12:10:10 PM

What Tether has done seems to me to be a good preventive measure. If they suspect that these funds have been obtained through criminal or illegal actions, now they have the time they need to clarify what has happened and where so much money has come from. In this case, the victim is decentralization and the freedom of users, but those who commit criminal acts must also be prosecuted and imprisoned in part to clear the name of cryptocurrencies.