Tether and Circle Freeze $2.49M Linked to Iranian Exchange Wallex

Leading stablecoin issuers Tether and Cycle have reportedly blacklisted an Ethereum hot wallet belonging to Iranian crypto exchange Wallex. The issuers simultaneously locked stablecoins while the platform was actively moving assets across chains. As flagged by blockchain investigator ZachXBT on March 25, the account freeze affected a wallet address that held roughly $117,000 in Tether […] Read The Full Article Tether and Circle Freeze $2.49M Linked to Iranian Exchange Wallex On Coin Edition.