What to know
-
Stablecoin issuer Tether froze three Ethereum addresses holding over $160 million worth of USDT, according to data from Etherscan.
-
The three accounts will now not be able to move funds anymore.
-
In total, Tether has blacklisted 563 addresses on the Ethereum blockchain since November 2017, according to the Bloxy block explorer.
-
Tether has said in the past that it regularly works with regulators to supervise suspicious accounts.
-
An address with over $1 million in USDT was frozen in late December.
-
Tether, which issues tokens on several blockchains, began blacklisting addresses following a November 2017 breach in which the firm said $30 million of USDT was stolen.