Current outcome
Tether briefly blacklisted and froze four THORChain USDT vault addresses holding about 1.45 million USDT, pausing trading; the addresses were unfrozen hours later, trading resumed, and neither side explained the action.
Progress timeline
2 material updates- #01
Tether Blacklists Four THORChain Vaults Holding 1.45 Million USDT
Tether blacklisted four THORChain vaults holding 1.45 million USDT, prompting THORChain to halt Tron swaps and liquidity-provider operations without prior notice.
Source evidence: The Defiant · foresightnews
- #02
THORChain exec accuses Tether of temporarily freezing USDT vaults
Tether unfroze the four previously blacklisted THORChain USDT vault addresses hours later, restoring access to about 1.45 million USDT and allowing THORChain trading to resume.
State after update: Tether briefly blacklisted and froze four THORChain USDT vault addresses holding about 1.45 million USDT, pausing trading; the addresses were unfrozen hours later, trading resumed, and neither side explained the action.
Source evidence: Cointelegraph