Breaking: Tether Freezes USDT Assets Belonging To FTX

Tether Freeze FTX USDT Assets: In a sudden development, Tether said it froze 46 million of USDT belonging to troubled crypto exchange FTX. A Tether representative reportedly said the USDT froze was effected following a request from law enforcement authorities. The FTX exchange is staring at insolvency after Binance CEO CZ pulled out of the acquisition deal. Meanwhile, crypto prices continue to plummet deeper as uncertainty around the Sam Bankman-Fried crypto empire drags on.