Tether · CryptoSlate
Tether freezes $1.4 million in TRON vaults and THORChain stalls
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
◌ Single Source
THORChain's TRON operations were interrupted on Oct. 9 after a USDT vault blocklist, according to reports by its co-founder Chad Barraford and researcher Khal.
Key facts
- He reported that TRON trading, transaction signing, and liquidity-provider actions halted about 27 minutes later, with roughly $363,000 in payouts queued during the freeze
- Tether is -0.01% over the past 24 hours and currently sits at rank # 3 by market cap
- THORChain's TRON operations were interrupted on Oct. 9 after a USDT vault blocklist, according to reports by its co-founder Chad Barraford and researcher Khal
- In his initial analysis, Khal reported that block 86958330 blocklisted four of THORChain's six TRON vaults
Summary
01 THORChain's co-founder reported a TRON USDT vault blacklist and later said the addresses appeared unfrozen. 02 Khal reported about 1.45 million USDT affected across four vaults, with TRON swaps resuming later that day. 03 Decentralized signing cannot remove USDT issuer controls, while the cause of the temporary THORChain blacklist remains unclear. Both accounts later reversed the restrictions, according to updates from both accounts.