Tether freezes 5 Ethereum addresses holding about 24.35 million USDT

Tether, the issuer of the dollar-pegged stablecoin USDT, froze five Ethereum addresses about eight hours ago, blockchain security firm SlowMist reported. The addresses were found to hold a combined 24.35 million USDT. Separately, MistTrack, a SlowMist-affiliated platform, said one of the frozen addresses had a history of interacting with addresses identified as being linked to phishing and pig-butchering scams, adding the freeze was likely aimed at addresses tied to criminal activity.