USDT stolen from Ledger has been frozen by Tether. Don’t rush to applaud just yet—this iron fist might come for you next! Over the past few years, while helping recover assets and answering questions from followers, I’ve often encountered people saying their USDT was frozen. Sometimes, it’s just because they received a transfer from someone else’s wallet that was flagged for certain issues, and then their entire wallet balance gets frozen. Although these cases aren’t common and are mostly tied to some questionable activities, there are indeed a few instances where innocent people get caught in the crossfire. A few years ago, I even helped two friends go through various channels to appeal to Tether and successfully recover their assets. Now, let’s bring our focus back to this incident. 1️⃣ MistTrack confirms: Tether has frozen the USDT in addresses related to the Ledger incident. 2️⃣ The USDT contract has had a built-in `destroyBlackFunds` function since 2017, allowing balances in blacklisted addresses to be wiped out. 3️⃣ EU MiCA regulations: Licensed platforms must stop offering new USDT services by 2027 at the latest. This raises an important question: as a stablecoin, how much power should it have to freeze someone’s assets at will? Personally, I think the stability of a stablecoin lies in its price, not its ownership. The value of $BTC is that no one can freeze your funds; the value of $USDT, ironically, is that someone *can* freeze them. So, I hope everyone keeps this in mind. It’s not that you shouldn’t use $USDT, but you need to be clear about this: Where you store large, long-term assets matters—make sure you know what you’re doing!