0xpman.base.eth
@0xpman
Tether’s USDT freeze mechanism contains a loophole that can be exploited for money laundering. The delay between receiving a freeze request and executing it — due to Tether’s multi-signature contract process — has allowed bad actors to withdraw more than $78 million on Ethereum and Tron since 2017. This vulnerability has also been verified by PeckShield.
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