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Tether Says It Froze Over $1.5 Billion Linked to Binance Theft
(2 hours ago) · 1 source · Summarized by CryptoBipto
Tether has announced that it froze more than $1.5 billion in USDT tokens connected to a theft involving Binance. The company says the freeze was carried out to prevent the stolen funds from being moved or cashed out.
WHY IT MATTERS
Stablecoins like USDT are digital tokens designed to hold a steady value, usually pegged to the US dollar.
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SOURCES
- newsbtc.com
RELATED
USDTBNBTetherUSDTBinanceCrypto TheftAsset Freezing
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