Tether has frozen a wallet that is linked to the Multichain hack

Home / Tether has frozen a wallet that is linked to the Multichain hack

According to Etherscan, Stablecoin issuer Tether has frozen the address of an Ethereum wallet that holds more than $715,000 worth of USDT.
The wallet belongs to the hackers who stole $3 million from the Multichain cross-chain bridge a month ago.
Thus, the unknowns who own the wallet will not be able to move funds.

The Multichain hack was made possible by a security vulnerability that the project team warned users about in January.

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