Tether has frozen 2.2129 million USDT from nine addresses linked to the CoinDCX security incident.

Tether has blacklisted nine addresses linked to the CoinDCX security incident, freezing 2.2129 million USDT. The investigation began with an unusual transaction of approximately 15.99 million USDT discovered by investigator Darcy. CoinDCX co-founder Sumit Gupta initially claimed no security breach occurred. Subsequently, Salus raised questions based on the transaction details of the proof-of-reserve addresses and the TRX distribution model, prompting relevant parties to provide verifiable on-chain evidence to assist Tether in taking action.