Odd Frozen Tether #1
Related to this Twitter thread.
For examples of how to look at blacklists and blacklist changes go here.
On 18-Jan-2024 Tether unblacklisted 2 addresses, both of which were originally blacklisted 22-Jun-2023:
Notice those are not busy addresses. Each received 1k USDT, both from 0x988e9D68Ac8Ab7BBe0cEeFe9bBDa1a4a000C717D.
That address was funded from a single Binance withdrawal for 259k USDT.
There are 3 other destinations for USDT from that address that were not frozen:
Notice that all 3 of those addresses deposit their USDT to eXch. And that those deposits comprise all but 2k of the 259k USDT withdrawn from Binance.
So 99% of the USDT were sent to an exchange before the freeze was put in to effect.
To review the timeline was:
19-Jun-2023: 259k USDT withdrawn from Binance to
0x988e9D68Ac8Ab7BBe0cEeFe9bBDa1a4a000C717D20-Jun-2023: Those USDT sent to 5 addresses
20-Jun-2023: 3 of those 5 addresses, containing 99% of the funds, deposited to eXch
22-Jun-2023: Remaining 2 addresses, holding ~1% of the funds, frozen by Tether
18-Jan-2024: Those 2 addresses are unfrozen by Tether
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