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Tether Blacklists FTX Wallets Due to Suspicious Trading Activity Following FTX Hack

Tris Bell

Summary: Stablecoin issuer Tether blacklisted crypto wallets of an account drainer after suspicious transaction activity, according to CoinDesk. The account drainer sold over $12 million worth of chainlink tokens and $2.4 million worth of MATIC tokens on the Polygon blockchain following an FTX hack. Tether has blocked funds on the account drainer’s wallets and blacklisted a ...

Stablecoin issuer Tether blacklisted crypto wallets of an account drainer after suspicious transaction activity, according to CoinDesk.

The account drainer sold over $12 million worth of chainlink tokens and $2.4 million worth of MATIC tokens on the Polygon blockchain following an FTX hack.

Tether has blocked funds on the account drainer’s wallets and blacklisted a total of $31.4 million worth of tether linked to the account drainer across different networks.

Author: Tris Bell

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