Xinbi Guarantee Liquidation Hits the Network
๐ About 39.27 million USDT was frozen across 10 addresses on the TRON network linked to Xinbi Guarantee, according to MistTrack data.
One of the addresses held more than 10 million USDT.
The move comes after the freezing of funds linked to Huione Guarantee, in a clear escalation against illegal brokerage platforms associated with Telegram.
โ ๏ธ Most importantly: this action reminds the market that USDT is not an asset that is inherently immune to freezing; Tether can block the movement of USDT from specific addresses.
The question: Are we seeing the start of a broader campaign targeting illicit finance networks via Telegram?
$USDT $TRX
#USDT #Tether #TRON #crypto
๐ About 39.27 million USDT was frozen across 10 addresses on the TRON network linked to Xinbi Guarantee, according to MistTrack data.
One of the addresses held more than 10 million USDT.
The move comes after the freezing of funds linked to Huione Guarantee, in a clear escalation against illegal brokerage platforms associated with Telegram.
โ ๏ธ Most importantly: this action reminds the market that USDT is not an asset that is inherently immune to freezing; Tether can block the movement of USDT from specific addresses.
The question: Are we seeing the start of a broader campaign targeting illicit finance networks via Telegram?
$USDT $TRX
#USDT #Tether #TRON #crypto
