Entry details

Tether freezes $225M in USDT linked to romance scammers amid DOJ investigation

 

Category: Stablecoins -> Analysis

Type: article

https://cointelegraph.com/news/tether-freezes-usdt-scammers-doj-investigation

This story shows that USDT (Tether) is highly centralized and subject to US courts. Stablecoins are smart contracts on Etherum and other blockchains. Technically, smart contracts can be controlled, including blocking specific accounts.

 

 

 

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