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Tether Freezes USDT Wallets Holding $39 Million Linked to Xinbi Network

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Tether has once again flexed its power to freeze funds tied to a crypto network accused of enabling illicit activity. On September 8, 2026, the stablecoin issuer froze roughly $39 million USDT held in wallets linked to Xinbi, a Telegram-bas…

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Tether Freezes USDT Wallets Holding $39 Million Linked to Xinbi Network
Cryptonomist 2h ago

Tether Freezes USDT Wallets Holding $39 Million Linked to Xinbi Network

Tether has once again flexed its power to freeze funds tied to a crypto network accused of enabling illicit activity. On September 8, 2026, the stablecoin issuer froze roughly $39 million USDT held in wallets linked to Xinbi, a Telegram-bas…