Tether’s 30-Minute Binance Freeze Claim Conflicts With Transaction Times

Tether said it froze more than $1.5 billion in Tether USD₮ (USDT) tied to Binance’s Oct. 29 hack within 30 minutes, but public transaction timestamps place its first major Ethereum freeze 37 minutes after the largest transfer. The main Ethereum transfer, 1,615,409,498.97 USDT, occurred at 4:24:23 p.m. ET (20:24:23 UTC). Tether’s first freeze at that receiving address came at 5:01:35 p.m. ET (21:01:35 UTC), immobilizing 971,149,299.48 USDT. Freeze transactions continued through 5:21:12 p.m. ET (21:21:12 UTC). The on-chain tally reached $1.555 billion across Ethereum and TRON; a separate $8.4 million freeze was recorded on Avalanche at 5:07:55 p.m. ET.