Stablecoin issuer Tether froze three Ethereum addresses on Thursday, holding over $160 million price of USDT, based on information from Etherscan.
- The three accounts will not have the ability to transfer funds.
- In whole, Tether has blacklisted 563 addresses on the Ethereum blockchain since November 2017, according to the Bloxy block explorer.
- Tether has stated prior to now that it frequently works with regulators to oversee suspicious accounts.
- An handle with over $1 million in USDT was frozen in late December.
- Tether, which points tokens on a number of blockchains, started blacklisting addresses following a November 2017 breach during which the agency stated $30 million of USDT was stolen.
- “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 e mail.
UPDATE (Jan. 13 21:40 UTC): Adds assertion from Tether.
