UPDATE: Tether, Circle and World Liberty Financial Freeze More Than $2.39B in Stablecoins Tied to Suspected Binance Hack
Tether, Circle and World Liberty Financial have frozen more than $2.39 billion in stablecoins linked to the suspected Binance hack, their CEOs said. Tether CEO Paolo Ardoino confirmed $1.567 billion in USDT was frozen. Circle CEO Jeremy Allaire reported more than $800 million in USDC. World Liberty Financial CEO Zach Witkoff said $27 million in USD1 had been frozen.