14.7 million swapped into USDD, 20 addresses frozen: what to check with your stablecoin

After the wallet thefts among customers of a Ledger reseller, the stablecoin issuer Tether responded and froze USDT addresses. The freeze only works in part: some of the loot was swapped into the stablecoin USDD, and Tether's reach does not extend there. The episode shows briefly what a freeze function achieves in stablecoins and where it ends. For your own balance this is no side issue, because the question of who can stop your token in an emergency also decides who can stop it when you are the one affected.