Tether Freezes Millions in USDT Amid Phishing Scam

Tether, a stablecoin issuer, has frozen $5.2 million in USDT across 12 Ethereum addresses suspected to be linked to phishing scams. This action is part of Tether's ongoing efforts to combat illicit activities in the cryptocurrency space, having frozen over $1.3 billion since its inception. Tether's CEO, Paolo Ardoino, has emphasized the company's commitment to transparency and cooperation with authorities. 17GEN4.com