At the request of law enforcement Tether Limited blocked 46,370,701 USDT on the Tron blockchain, which belonged cryptocurrency exchange FTX.
“We have been ordered to temporarily freeze assets during the investigation,” — said the publication CoinDesk representative of the stablecoin issuer.
We also note that this is the first time that the freeze has affected the funds of the crypto exchange.
because of events around FTX USDT temporarily deviated from parity with the US dollar. On the evening of November 10, the discount of the stablecoin at the moment reached 3.8% (data CoinGecko).
Tether Limited CTO Paolo Ardoino said there are no plans to rescue FTX.
Tether does not have any plans to invest or lend money to FTX/Alameda. Full stop.
— Paolo Ardoino 🍐 (@paoloardoino) November 10, 2022
According to information Reuters, Sam Bankman-Fried discussed fundraising with TRON Foundation founder Justin Sun as well as Sequoia Capital executives. OKX and Tether Limited.
The news agency’s material indicates that the “hole” in the balance sheet is $9.4 billion, which is $8 billion more than reported in Bloomberg and WSJ sum.