Tether froze five Ethereum addresses holding approximately 24.35 million USDT, according to MistTrack monitoring cited by TechFlow in a report published on November 10, 2026, at 12:17:15 UTC+8. The freezes occurred roughly eight hours before the report.
MistTrack said the addresses had recorded on-chain activity in 2021 and 2023. Its further analysis found that one frozen address had interacted with addresses it labeled as linked to phishing and pig-butchering scams.
That interaction does not establish that the frozen address was directly involved in illegal activity. The report said such involvement remained unconfirmed, and Tether had not disclosed a specific reason for the freezes in the information reported.
Source: Original TechFlow report.