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Tether Under Investigation Following $55.9 Million Loss Due to Delays in Asset Freezing
FG
FOMOGRAM Editorial Desk
Aug 6, 2026
EXECUTIVE SUMMARY
Tether has reported a loss of $55.9 million as flagged wallets transferred funds prior to the execution of asset freezes. The average delay between the proposal and completion of the freeze was slightly over two hours, allowing for the movement of assets.
Tether has reported a loss of $55.9 million as flagged wallets transferred funds prior to the execution of asset freezes. The average delay between the proposal and completion of the freeze was slightly over two hours, allowing for the movement of assets.
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