Tether Freezes Over $1.5 Billion USDT Linked to Binance Hack Incident

Odaily reports: Digital asset company Tether froze over $1.5 billion in USDT within 30 minutes of the Binance hack on October 29, preventing the related funds from being transferred, exchanged, or laundered. The U.S. Federal Bureau of Investigation (FBI) determined that North Korea was responsible for the attack.

Tether stated that as of October 31, 2026, it has assisted the U.S. Department of Justice, the U.S. Secret Service, and the FBI in freezing more than 3,590 wallets involving approximately 1.6 billion USDT; the total amount of USDT frozen in secondary market addresses has exceeded 7 billion.(Tether News)