bitcoin newsOct 9, 2026AI summary

THORChain Co-Founder Alleges Tether Briefly Froze USDT Vaults

THORChain technical co-founder Chad Barraford alleged that Tether froze USDT vault funds before restoring access without explanation.

THORChain Co-Founder Alleges Tether Briefly Froze USDT Vaults

THORChain technical co-founder Chad Barraford has accused Tether of temporarily freezing funds held in USDT vaults, according to Cointelegraph.

Barraford said the funds were subsequently unfrozen. He alleged that no explanation was provided for either action.

The supplied report does not specify how much USDT was affected or how long the alleged freeze lasted. It also includes no response from Tether.

Source: Cointelegraph

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