Tether Blacklists Address Connected to Roost Coin Following Potential $22M NFT Scam Connection.

According to blockchain security firm PeckShield, Tether has added the Ethereum address “0x88E6…4d47” to its blacklist.

The blacklisted wallet reportedly holds 13.144 million USDT on Ethereum and 2.66 million ROOST tokens on Base. Moreover, this address received 150 ETH in multiple transactions from “0x71B2…18a6,” an entity known to have removed ROOST/WETH liquidity on the Base blockchain approximately nine months ago.

Meanwhile, blockchain sleuth ZachXBT recently highlighted a possible link between the blacklisting and a recent indictment against two California men: Gabriel Hay and Gavin Mayo.

The U.S. Department of Justice (DOJ) has accused them of orchestrating a $22 million rug pull across multiple NFT and digital asset projects. Among the projects listed in the DOJ report is Roost Coin, a token now tied to the blacklisted address.

Source link

#Tether #Blacklists #Address #Linked #Roost #Coin #Connection #22M #NFT #Fraud