Tether, the issuer of stablecoin USDT, blacklisted a total of 39 Ehereum addresses, freezing the tokens stored on them. This is evidenced by the Dune Analytics service, which was launched by Ehereum researcher Philip Kastongway.
Turns out 39 addresses have been banned from using USDT on Ethereum as of now. Made another dashboard to keep track of USDT bans here:https://t.co/uuQd1kW28Y https://t.co/sUAw5hnWur pic.twitter.com/72G7OKNlfI
– Philippe Castonguay (@PhABCD) July 9, 2020
Blacklisted address holders cannot send, receive, or redeem USDT. Tokens cannot be used.
The first wallet lock with stablecoins was recorded by Dune Analytics in November 2017, the address is stored at 909.5 USDT.
In 2020, 20 wallets with a total volume of 5.51 million USDT were blacklisted by Tether. On April 5, the largest amount this year was blocked – $ 4.57 million in stablecoin.