Tether freezes 46.3 million USDT owned by FTX at request of law enforcement

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Tether freezes 46.3 million USDT owned by FTX at request of law enforcement
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ICYMI: Tether freezes 46.3 million USDT owned by FTX at request of law enforcement

This comes as a result of a request from law enforcement.On-chain data shows Tether has frozen a"We are starting to receive requests from LE to temporarily freeze assets while investigation occur," a Tether executive told CoinDesk.

This comes days after FTX stopped withdrawals, citing liquidity issues. FTX CEO Sam Bankman-Fried said today, however, that the exchange has more assets than client deposits. © 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.By signing-up you agree to our

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