Tether freezes $971 million in USDT tied to suspected Binance hack

Tether freezes $971 million in USDT tied to suspected Binance hack

N
News Editor
2026-10-29 21:14:41
Odaily reported, citing on-chain information, that Tether has frozen $971 million worth of USDT in an incident described as a suspected Binance hack. The brief update did not include additional on-chain details, wallet addresses, or a timeline for the freeze. Based on the information provided, the report only states that the frozen assets were linked to a suspected attack involving Binance and that the amount reached $971 million. No further attribution, transaction records, or official statements were included in the source material.

Odaily, pointing to on-chain data, said Tether froze $971 million in USDT during what it described as a suspected Binance hack.

As of publication, the brief gave no extra on-chain details, no related wallet addresses, and no timeline for the freeze.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
500

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.