🧵1/Ω
Since #Israel attacked #Iran Tether has frozen 112 addresses on Tron and Ethereum.
- Collectively those wallets received ~$700 million USDT before being frozen
- The top 40 of those wallets are *all* on Justin Sun's Tron blockchain
Iranian exchanges mostly use Tron USDT.
Since #Israel attacked #Iran Tether has frozen 112 addresses on Tron and Ethereum.
- Collectively those wallets received ~$700 million USDT before being frozen
- The top 40 of those wallets are *all* on Justin Sun's Tron blockchain
Iranian exchanges mostly use Tron USDT.
🧵2/Ω
Dune dashboard with all the historical Tether blacklist data for those two blockchains can be found here:
dune.com/queries/5342352
Dune dashboard with all the historical Tether blacklist data for those two blockchains can be found here:
dune.com/queries/5342352
🧵3/Ω
#Nobitex, the largest crypto exchange in Iran (which is basically a Binance feeder fund, but I digress), openly advises its users on how to avoid sanctions via Tether USDT even though that is a blatant violation of all kinds of laws.
#Nobitex, the largest crypto exchange in Iran (which is basically a Binance feeder fund, but I digress), openly advises its users on how to avoid sanctions via Tether USDT even though that is a blatant violation of all kinds of laws.
https://x.com/Cryptadamist/status/1713189874382086492
🧵4/Ω
#Nobitex was just hacked for ~$90 million by Israeli "hacktivists" (or at least that's the story... i don't doubt the hackers were Israeli though I have my doubts as to whether they were just amateurs chipping in for The Cause)
nulltx.com/iran-imposes-c…
#Nobitex was just hacked for ~$90 million by Israeli "hacktivists" (or at least that's the story... i don't doubt the hackers were Israeli though I have my doubts as to whether they were just amateurs chipping in for The Cause)
nulltx.com/iran-imposes-c…
🧵5/Ω
Some of these wallets were frozen before the major seizure of pig butchering assets trumpeted by Coinbase, OKX, and Tether and so it's unlikely these are *all* Iranian wallets (pig butchering is more of a chinese organized crime thing)...
Some of these wallets were frozen before the major seizure of pig butchering assets trumpeted by Coinbase, OKX, and Tether and so it's unlikely these are *all* Iranian wallets (pig butchering is more of a chinese organized crime thing)...
https://x.com/Cryptadamist/status/1937568297085771989
🧵6/Ω
...but the top 4 of these wallets (sorted by total historical USDT dollars received) were all frozen four days ago, two days after the announcement of the pig butchering seizure, so they almost certainly not part of that seizure.
...but the top 4 of these wallets (sorted by total historical USDT dollars received) were all frozen four days ago, two days after the announcement of the pig butchering seizure, so they almost certainly not part of that seizure.
🧵7/Ω
Tether has historically semi-openly assisted Iranians (and maybe the IRGC, a terrorist organization) defy international sanctions.
In fact the founders of Tether have been photographed w/Iranian money launderers:
Tether has historically semi-openly assisted Iranians (and maybe the IRGC, a terrorist organization) defy international sanctions.
In fact the founders of Tether have been photographed w/Iranian money launderers:
https://x.com/Bitfinexed/status/1723101888084668700
🧵8/Ω
I did a 🧵 that included a lot of (though by no means all or even most) of the voluminous evidence of Iranians using Tether to avoid sanctions, focused on America's Secretary of Commerce #HowardLutnick.
Here's a post from it; scroll up for the rest:
I did a 🧵 that included a lot of (though by no means all or even most) of the voluminous evidence of Iranians using Tether to avoid sanctions, focused on America's Secretary of Commerce #HowardLutnick.
Here's a post from it; scroll up for the rest:
https://x.com/Cryptadamist/status/1844081838572306751
@Timodc @JustinElliott @ChrisMurphyCT @molly0xFFF @ParrotCapital @MikeBurgersburg @ryangrim @RealJimChanos @CasPiancey @SeanCasten @propublica
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