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Tether confirms cooperation with the U.S. government to freeze over $344 million worth of USDT

Tether announced that it has supported the U.S. government's freeze of over $344 million USDT, involving two wallet addresses. This freezing action was carried out in collaboration with the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) and U.S. law enforcement agencies, aimed at preventing further movement of funds.The freeze was based on information provided by multiple U.S. law enforcement agencies, linking these addresses to illegal activities. Tether stated that when wallet addresses are associated with sanctions evasion, criminal networks, or other illegal activities, the company will take freezing measures. This has now become Tether's routine response to legitimate requests from U.S. and global law enforcement agencies.Tether CEO Paolo Ardoino stated, "USDT is by no means a safe haven for illegal activities. We take immediate action when there are credible links to sanctioned entities or criminal networks. Recent events have shown what can happen when platforms fail to act swiftly, law enforcement fails, users are exposed, and trust is lost. Our approach is different; we combine blockchain transparency, real-time monitoring, and direct coordination with law enforcement agencies to prevent the flow of funds. This is a responsibility we take very seriously as one of the largest issuers in the market."This action is part of Tether's cooperation with U.S. law enforcement agencies. The U.S. Department of Justice had previously confirmed Tether's support in law enforcement actions, successfully seizing nearly $61 million and approximately $225 million in "pork scam" funds.

BitMEX Research proposes a new mechanism to mitigate the impact of quantum computing-related Bitcoin freezing

According to official news, BitMEX Research has released a new research article proposing that in response to the risk of future quantum computers potentially breaking elliptic curve signatures, the Bitcoin network could adopt an alternative soft fork mechanism to "directly freeze" to reduce controversy and increase flexibility.The proposal revolves around "quantum-vulnerable fund freezing," but suggests avoiding the direct freezing of all related assets without evidence, instead gradually implementing security strategies through a verifiable condition-triggering mechanism. The core of the proposal is to establish a "signal vault," which contains special addresses generated using "accidental numbers" to prove that no one possesses their private keys. If passive spending occurs from that address, it will be regarded as on-chain evidence that quantum computing capabilities genuinely exist, thereby immediately triggering a comprehensive freeze of quantum-vulnerable assets.At the same time, the fund could attract capital through a multi-signature structure as a "quantum bounty," aimed at incentivizing potential attackers to expose their capabilities. The article also mentions that there is currently a BIP-361 proposal promoting the phased disabling of the old signature system and ultimately freezing risky assets, but this proposal is controversial due to its involvement in "mandatory freezing."The newly proposed "signal-trigger + security window" mechanism aims to replace the fixed-time freeze path, reducing potential system shocks while retaining Bitcoin's censorship-resistant characteristics, but it also brings complexity and execution risk trade-off issues.
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