Tether faces scrutiny over $55.9 million lost due to freeze execution delays
60m ago•
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🛑 Tether lost $55.9 million as flagged wallets moved funds before freeze execution.
🕒 The delay between freeze proposal and completion averaged just over 2 hours, enabling asset escapes.
🔍 Sophisticated actors exploited this window to bypass Tether's controls in high-profile cases.
🚨 Calls increase for improved crypto safety tools in $USDT and real-time portfolio monitoring.
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60m ago•
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