Tether freezes about 39.3 million USDT in 10 addresses tied to Xinbi Guarantee

Tether, the issuer of the world’s largest stablecoin USDT, froze about 39.3 million USDT in 10 Tron addresses linked to the money laundering group Xinbi Guarantee, Wu Blockchain reported. According to crypto transaction tracking platform MistTrack, Tether identified and froze 10 addresses associated with Xinbi Guarantee, a Telegram-based escrow platform. Tether had previously frozen addresses tied to Huione, another Telegram-based illicit money laundering market.