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Tether Blacklists Mysterious FTX Wallets as Account Drainer Liquidates MATIC, LINK, AVAX Holdings

Over $12 million in chainlink (LINK) tokens were sold in early Asian hours across two transactions, shortly after reports of a hack at FTX. 

Stablecoin issuer Tether apparently blocked some funds tied to the account drainer’s wallets that sold tokens on Avalanche and Solana networks earlier this morning, pseudonymous blockchain sleuth ZachXBT pointed out on Twitter. Over $3.9m tether (USDT) on Avalanche and $27.5m tether on Solana linked to the FTX account drainer has been blacklisted by Tether.

FTX Tether stablecoin
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