Tether (USDT) CEO: "181,000 USDT Frozen in Connection with Bybit Hack"

Source
Minseung Kang

Summary

  • Tether announced that it has frozen 181,000 USDT related to the Bybit hack.
  • The frozen amount is equivalent to approximately 260 million won.
  • CEO Paolo Ardoino emphasized that they did what was right.

Tether (USDT) announced that it has frozen 181,000 USDT related to the recent Bybit hack. This amounts to approximately 260 million won.

On the 22nd, Paolo Ardoino, CEO of Tether, stated through X (formerly Twitter), "We have frozen 181,000 USDT connected to the Bybit hack," adding "While it's not a large amount, we did what was right."

He further added, "We continue to monitor the situation."

publisher img

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
What did you think of the article you just read?