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Tether has frozen 161 addresses, and only 11 addresses hold a total of more than 3.5 million USDT.

Tether announced yesterday that it will block the use of its stablecoin USDT in wallets that are subject to US sanctions. The new sanctions affect 161 Ethereum wallets, of which 150 do not even hold USDT, while the remaining 11 wallets hold over 3.5 million USDT tokens, with 3.4 million USDT held by a single address. Blockchain investigator ZachXBT has linked this address to the recent hacking attack on the gambling platform Stake. Among the other wallets, two addresses hold about 20,000 USDT each, another holds nearly 60,000 USDT, and the rest hold smaller amounts, with one wallet holding only 0.16 USDT.

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