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Taiwan’s “Duoduo Blind Box” defrauded nearly NT$10 million in Tether

China Taiwan's "Dodo Blind Box" is involved in virtual currency fraud of nearly 10 million new Taiwan dollars. The platform uses the virtual currency Tether, with each blind box costing at least 300 Tether and the most expensive being 2000 Tether. After people grab the blind box, the platform immediately adds 3% and then sells it on the platform. Currently, at least 8 people have been deceived, with the amount involved reaching over 9 million new Taiwan dollars.

ChainArgos: Tether blacklists 6 addresses again

According to ChainArgos monitoring, Tether has once again blacklisted six wallet addresses.

Bitrace: Illegal USDT transactions generally deviate from the market rate

Bitrace, a blockchain data analysis company, stated in an article that illegal USDT transactions generally deviate from the market exchange rate. When the stablecoin system is filled with funds contaminated by illegal transactions, the token will inevitably experience a depreciation impulse.

More than 50.6 million USDT transferred from Tether Treasury to unknown wallet

According to data monitored by Whale Alert, at around 20:25 Beijing time today, 50,624,860 USDT were transferred from Tether Treasury to an unknown wallet.

The market value of USDT exceeded 91 billion US dollars, continuing to hit a record high

According to the latest data from Coingecko, the market value of the US dollar stablecoin USDT has exceeded 91 billion US dollars, reaching 91,015,644,641 US dollars at the time of writing, setting a new historical high.

Tether has frozen Ledger exploit address

On December 14th, Tether CEO Paolo Ardoino announced on social media that Tether had just frozen the address of the Ledger exploit user.

Glassnode Analyst: Tether is CBDC

Glassnode analyst @_Checkɱate stated on social media platform X that Tether is a CBDC. Travis is correct in saying that if the US government can shut down Russia's reserves, it is difficult to say they do not have the ability to shut down Tether's reserves. The most likely reality is that as fiat currencies collapse, developing countries will switch to the US dollar, and USDT is objectively superior to the peso, bolivar, and lira. Emerging markets mainly provide funding for US retirement, medical, military activities, and government generosity. Ironically, this is a win-win situation for both parties.
Glassnode Analyst: Tether is CBDC

Cantor Fitzgerald CEO: Holds a lot of Tether Treasury bonds

Howard Lutnick, CEO of financial services company Cantor Fitzgerald, said on CNBC's podcast: "I am a loyal fan of stablecoins like Tether. I hold their national debt, they have a lot of national debt, and they now have more than $90 billion, so I am a loyal fan of Tether." Howard Lutnick did not specify whether the $90 billion was the amount of national debt held by the company for Tether. Market data shows that Tether's market value is currently $90.5 billion.

Tether issues an additional one billion USDT on TRON

On-chain data shows that Tether has issued one billion USDT on TRON.

55 million USDT transferred from unknown wallet to Binance

According to Whale Alert monitoring, 55 million USDT was transferred from an unknown wallet to Binance.