Analyses

Daily News Summary 14/7

Tether Freezes Millions in USDT

On July 13, Tether, the stablecoin issuer, froze the TNVaKW Tron address holding over $29.62 million in USDT. Blockchain analysis firm Bitrace reported that the address is linked to the Cambodian crypto broker Huione. Huione’s Guarantee service is also reportedly connected to the Cambodian government, and it appears that its clients have been involved in fraudulent activities amounting to billions of dollars.
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