Policy
Tether Burned $9.02M in USDT and Reissued It to a Government Address
COINOTAG·October 10, 2026·1 min read
Tether burned $9.02 million in seized USDT and reissued it to a government address, according to a DOJ forfeiture complaint. The burn function, which removes tokens from circulation, has existed since 2017. This action aligns with legal procedures for handling forfeited digital assets.
Read at COINOTAGDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.
