Tether Accused of Freezing THORChain USDT Without Explanation
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Summary:
THORChain technical co-founder Chad Barraford accused Tether of temporarily freezing USDT vaults without explanation, later unfreezing them hours later. He reported the freeze affected around 1.45 million USDT across four wallets. Barraford expressed confusion about the reason for the action and sought clarification from Tether.
Key Points:
- Tether allegedly blacklisted THORChain vault addresses, freezing USDT funds.
- The funds were later unfrozen, but the reason behind the initial freeze remains unclear.
- Similar incidents have occurred with Tether previously, including a lawsuit and another lawsuit alleging freezes related to investigations.
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