Tether has blacklisted Ethereum (ETH) address containing more than $715,000 USDT.
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Stablecoin issuer Tether has frozen an Ethereum address holding $715,000 USDT, according to data from Etherscan.
The address goes back to hackers who stole $3 million worth of crypto on the cross-chain bridge Multichain a month ago, according to analysis. Because the address is frozen, the person checking the address will not be able to move the funds.
The attack on Multichain was made possible by a security vulnerability.
Tether has not yet made a statement on the subject.
Three addresses that previously held over $160 million USDT were frozen in mid-January at the request of the security forces.
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