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Tether Says It Froze More Than $1.5B Linked to the Binance Theft

Tether said on November 2 that it froze more than $1.5 billion in USDT linked to the late-October Binance attack, working with investigators and…

NewsBTC
Tether Says It Froze More Than $1.5B Linked to the Binance Theft
Image: NewsBTC

VOID Report: Tether Freezes Over $1.5B in USDT Linked to Binance Theft

Tether announced on November 2 that it has frozen more than $1.5 billion in USDT. This action is connected to a late-October attack on Binance, according to Tether. They are working with investigators.

The involvement of Tether and the freezing of assets suggests a collaborative effort with investigators. According to NewsBTC, Tether's action is a direct response to the Binance incident.

Further details about the Binance attack and the specific measures taken by Tether and investigators have not been reported yet. The extent of the impact on Binance and its users also remains unclear.

Written with AI by Noticiero VOID from facts reported by NewsBTC. How we do it ·