Tether Freezes Over 4.5 Million USDT Involved in Mercado Bitcoin Security Incident

on November 2, according to Tether CEO Paolo Ardoino, Tether has frozen over 4.5 million USDT related to the Mercado Bitcoin security incident.

Mercado Bitcoin had previously stated that a security incident occurred in one of its systems, resulting in no customer losses or data breaches; as a precaution, the platform has temporarily suspended deposits and withdrawals.