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Report: Tether Blacklist Delay Caused 78 Million USD in USDT to Evade Freezing

Report: Tether Blacklist Delay Caused 78 Million USD in USDT to Evade Freezing

2025-05-15 22:30

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ChainThink reports: AMLBot, a blockchain compliance company, latest report shows that Tether's wallet blacklisting mechanism has significant delays, allowing illegal funds exceeding $78 million to be transferred successfully before the freeze takes effect. The report points out that Tether's multi-signature contract settings on the Ethereum and Tron blockchains cause an average delay of 44 minutes from submission to activation of the blacklist. On the Ethereum blockchain, approximately $28.5 million in USDT was transferred during the blacklisting delay, with an average transfer amount of over $365,000 per transaction; on the Tron blockchain, $49.6 million was evaded from freezing, with about 4.88% of the flagged wallets exploiting this vulnerability to make 2-3 transfers, averaging $292,000 per wallet.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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