Tether's Blacklist Delay Facilitates $78M in Illicit USDT Transfers

Tether's Blacklist Delay Facilitates $78M in Illicit USDT Transfers

A recent compliance investigation has revealed a critical vulnerability in Tether's USDT blacklisting mechanism, allowing more than $78 million in illicit funds to be transferred before enforcement measures were executed. The blacklisting process, which functions on both Ethereum and Tron blockchains, is hindered by a multi-signature procedure that introduces significant delays. This lag between the initiation and finalization of a blacklisti...

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