Stablecoin Issuer Tether Blacklists ETH Validator!

The main issuer of the stablecoin USDT indexed to the dollar Tetherannounced that it has blacklisted the ETH validator, which has earned $25 million worth of crypto thanks to the “Sandwich attack”, which is frequently used in the DeFi space.

Sandwich the Ripper The malicious validator known as USDT It will not be able to do anything with the token.

Speaking to the press after the announcement, the Tether spokesperson emphasized that the blacklisting request came from the central authorities. However, he did not explain which institution proposed such a sanction decision.

“As part of our company’s principles of collaboration and transparency, we do not turn down requests from regulators around the world.”

The ETH validator moved the $5.4 million USDC left in its wallet after Tether’s sanction decision to another address. crypto followers, USDC states that it is impossible to take a sanction decision regarding tokens.

Discussions Continue After the Decision

The sanction decision taken by the stablecoin issuer has divided the crypto community. One side commented that the central governments’ intervention so easily means censorship. The other party argues that the verifier is malicious.

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