Tether’s USDT freeze mechanism contains a loophole that can be exploited for money laundering. The delay between receiving a freeze request and executing it — due to Tether’s multi-signature contract process — has allowed bad actors to withdraw more than $78 million on Ethereum and Tron since 2017. This vulnerability has also been verified by PeckShield. 🔔 #NXPC Launchpool #PPI Data Release #Stablecoin Legislation #PI #BTC
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#USDT 🪙💹
Tether’s USDT freeze mechanism contains a loophole that can be exploited for money laundering. The delay between receiving a freeze request and executing it — due to Tether’s multi-signature contract process — has allowed bad actors to withdraw more than $78 million on Ethereum and Tron since 2017. This vulnerability has also been verified by PeckShield. 🔔
#NXPC Launchpool #PPI Data Release #Stablecoin Legislation
#PI #BTC