Cryptocurrency Q&A What is frozen USDT?

What is frozen USDT?

Carolina Carolina Tue Dec 10 2024 | 6 answers 1207
I would like to understand what frozen USDT is. Could someone please explain the concept and the background behind it? What is frozen USDT?

6 answers

Davide Davide Thu Dec 12 2024
The freezing of USDT wallets is often a measure taken in response to specific concerns.

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BusanBeautyBloomingStar BusanBeautyBloomingStar Thu Dec 12 2024
These concerns are usually legal or regulatory in nature, meaning they relate to compliance with rules and regulations.

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QuasarGlider QuasarGlider Thu Dec 12 2024
Tether, the company responsible for issuing USDT, has the authority to freeze wallets.

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Michele Michele Thu Dec 12 2024
This authority is exercised when Tether receives a request from government authorities or law enforcement agencies.

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Carolina Carolina Wed Dec 11 2024
The purpose of freezing wallets is to prevent unauthorized access or use of funds.

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