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Tether Freezes 971 Million USDT in Wallet Linked to Suspected Binance Drain
(3 hours ago) · 1 source · Summarized by CryptoBipto
Tether has frozen approximately 971 million USDT in a wallet reportedly connected to a suspected unauthorized drain from Binance. The freeze prevents the funds from being moved or redeemed. Details about the nature and scope of the suspected drain remain limited.
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This story highlights an important concept for anyone new to crypto: not all digital tokens are fully decentralized.
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SOURCES
- thedefiant.io
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USDTBNBStablecoinsExchange SecurityTetherBinanceAsset Freezing
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