Tether’s freezing mechanism was exposed to have a delay, which has caused more than $78 million in assets to be stolen

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PANews
05-15
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PANews reported on May 15th that according to Decrypt, blockchain forensics company AMLBot released a report indicating that since 2017, Tether has experienced $78.1 million in assets maliciously transferred on Ethereum and TRON chains due to a delay vulnerability in its USDT address freezing mechanism. The vulnerability stems from Tether's multi-signature architecture, creating a critical time gap (one example being 44 minutes) between initiating a freeze request and on-chain execution, providing a "money laundering window" for criminals. Security company PeckShield confirmed the vulnerability and recommended that Tether optimize its freezing process to improve execution efficiency.

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