๐จ BREAKING: Tether freezes $72M in $USDT after a suspicious $120M transfer triggered a massive Monero ($XMR ) surge.
XMRUSDT
Perp
340.57
-1.51%
A Tron wallet received $120.2M USDT and rapidly moved a large portion into $XMR, sending Monero soaring nearly 30%.
The unusual activity caught investigators' attention, allowing the funds to be traced before Tether stepped in and blacklisted the wallet.
This is one of the biggest stablecoin intervention stories of the year.
What do you thinkโsecurity win or too much centralization? ๐