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Home News Iranian exchange platform Wallex’s address frozen by both Circle and Tether, with associated funds of approximately $2.49 million.

Iranian exchange platform Wallex's address frozen by both Circle and Tether, with associated funds of approximately $2.49 million.

Iranian exchange platform Wallex’s address frozen by both Circle and Tether, with associated funds of approximately $2.49 million.

BlockBeats News, March 25th, according to on-chain sleuth ZachXBT, an Iranian cryptocurrency exchange platform, Wallex, had a wallet address frozen simultaneously by both Circle and Tether. Hours before the above address was frozen, Wallex consolidated encrypted assets dispersed across multiple hot wallets on the Tron and Ethereum networks via several cross-chain bridges to the BNB Chain. Currently, approximately $2.49 million in assets are stranded at the related address, in a frozen state.

The address is 0x6926408f55c4f322ebe1a3cc7e4fff380c5543df

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