Tether has reportedly blacklisted $46.27 million value of USDT belonging to FTX.
An handle with a steadiness of 46,360,701 #USDT (46,274,472 USD) has simply been frozen!https://t.co/W958MBbhA9
— Whale Alert (@whale_alert) November 10, 2022
Whale alerts reported that an FTX handle with a steadiness of 46.36 million USDT was blacklisted. Coindesk reported that the seizure was carried out on the orders of legislation enforcement companies.
Based on Coindesk, a Tether government mentioned:
“We’re beginning to obtain requests from LE to briefly freeze property whereas investigation happen.”
CryptoSlate reported earlier that Tether’s USDT had barely misplaced its peg through the early buying and selling hours of Nov. 10. Speculations throughout the house have been that Alameda was shorting the asset in expectation of additional drops.
The stablecoin issuer has beforehand denied it had publicity to the struggling crypto trade or Alameda Analysis
The submit Tether reportedly places FTX’s $46M in USDT on ice appeared first on CryptoSlate.
