
Bitcoin.com News|Mar 06, 2025 14:31
ICYMI: Tether froze 28M in USDT on Russia’s Garantex following EU sanctions tied to Ukraine conflict. Garantex called it a "war on crypto" and paused services. ❄️🇪🇺
- Tether immobilized 28 million in USDT tokens on Garantex, aligning with EU sanctions against Russia’s military actions.
- Garantex accused Tether of joining the "war against the Russian crypto market" and halted withdrawals via Telegram.
- The freeze highlights Tether’s centralized control, enabling asset suspensions under geopolitical or legal pressures.
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