TRON

<ul class="news-points">
 <li>Tether froze a TRON wallet containing $29.62 million USDT.</li>
 <li>The frozen address is part of Cambodian Huione Group’s guarantee business.</li>
 <li>Huione Group activated the new address TQuFSv, transferring 114,800 USDC from the frozen account.</li>
</ul>
<a href="https://coinedition.com/tether-and-ton-partnership-fuels-stablecoin-adoption-on-telegram/" target="_blank" rel="noopener noreferrer nofollow">Prominent stablecoin issuer Tether</a> has frozen a TRON wallet, TNVaKW, containing $29.62 million in USDT tokens, suspected to be linked to criminal activities and crypto money laundering. This action took place yesterday, July 13, as <a href="https://x.com/USDTBanList/status/1811904659038306519" target="_blank" rel="noopener noreferrer nofollow">highlighted</a> by a dedicated handle on X announcing banned addresses.
Meanwhile, Bitrace, a leading provider of compliance and investigative tools for law enforcement agencies, has weighed in on the development, providing additional context to why the Tron wallet was blacklisted.
According to Bitrace’s analysis, the frozen address is linked to the guarantee business of the Cambodian Huione Group, which was activated on July 9, 2024. However, Huione is attempting to circumvent the freeze by activating a new business address, TQuFSv, and transferring $114,800 USDC from the frozen TNVaKW address.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4e2.png" alt="📢" class="wp-smiley" style="height: 1em; max-height: 1em;">The 29.62 million USDT addresses frozen are addresses related to the guarantee business of the Cambodian Hu…
 </blockquote>
 </div>
</figure>
The post <a href="https://coinedition.com/tether-freezes-29-62m-usdt-addresses-linked-to-cambodian-huione-group/" rel="noopener noreferrer nofollow">Tether Freezes $29.62M USDT Addresses Linked to Cambodian Huione Group</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Tether Freezes $29.62M USDT Addresses Linked to Cambodian Huione Group

Coin Edition

Weitere Artikel, die am 14. Juli 2024 veröffentlicht wurden

Crypto Showdown: MOONHOP's Presale Sparks Fire, Dwarfing BOME's Price Prediction & Rewrites Card...

Whales Targeting These Altcoins for Major Gains in the Bull Market

Scammer Returns $9.27 Million DAI to the Victim 10 Months After Theft

Bitcoin Hits 10-day High of Over $60,000 Post-Trump Assassination Attempt

Harga XRP Naik Pesat: Kepercayaan Investor Menguat Lagi

Genesis Trading Wallet Transfers $720 Million in Bitcoin to Coinbase Amid Settlement and Asset Li...

Abonniere unseren kostenlosen Newsletter und erhalte tägliche Krypto-Updates!