Report: Delay in Tether blacklist causes US$78 million in USDT to circumvent freeze
According to online reports, the latest report from blockchain compliance company AMLBot shows that Tether's wallet blacklist mechanism has experienced significant delays, resulting in the successful transfer of more than $78 million in illegal funds before the freeze took effect. The report noted that Tether's multi-signature contract settings on the Ethereum and Tron blockchains delayed the blacklist process by an average of 44 minutes from submission to effectiveness. On the Ethereum blockchain, approximately US$28.5 million of USDT was transferred during the blacklist delay, with an average of more than US$365,000 per transfer; on the Tron blockchain, US$49.6 million was circumvented and frozen, and about 4.88% of marked wallets took advantage of this vulnerability to make 2-3 transfers, with an average of US$292,000 per wallet.
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