Security· ★★★· bearish·

Tether blacklists USDT wallets tied to CoinDCX outflows

  • —AMLBot puts the frozen amount at roughly $2.2 million
  • —CoinDCX acknowledged losses from a failed deposit-securing process tied to retired addresses
  • —Tether blacklisted USDT wallets linked to the outflows
Why it matters: The freeze shows stablecoin issuers increasingly intervening in exchange incidents, which affects how users recover funds.
Source: The Defiant