Tether blacklists THORChain's TRON chain USDT vault, involving approximately 1.45 million USDT.

PANews October 9 news, according to THORChain technical co-founder Chad Barraford, Tether (the issuer of USDT) has blacklisted THORChain's USDT vaults on the TRON blockchain. In TRON block 86958330, 4 of THORChain's 6 TRON vaults were blacklisted within a single block. These 4 vaults hold 93% of its TRON assets, involving approximately 1.45 million USDT frozen. THORChain was not hacked, but TRON swaps on the protocol have been paused. Barraford said there was no prior communication with Tether, is actively reaching out to them, and stated that this move has no precedent in the industry.