According to statistics from Etherscan, Tether, a stablecoin issuer, froze three Ethereum addresses on Thursday, totaling approximately $160 million in USDT.
- The three accounts will no longer be able to send or receive money.
- According to the Bloxy block explorer, Tether has blacklisted 563 addresses on the Ethereum blockchain since November 2017.
- Tether has previously stated that it collaborates with regulators regularly to monitor questionable accounts.
- Late in December, an address containing over $1 million in USDT was locked.
- Following a November 2017 breach in which $30 million in USDT was stolen, Tether, which issues tokens on many blockchains, began blacklisting addresses.
- “Today, Tether has frozen three addresses on the Ethereum blockchain containing $160m USDT upon a request from law enforcement. At the moment we are unable to disclose any further details,” a Tether spokesperson wrote in an email.