The stablecoin issuer Tether has frozen USDT worth $27 million on the Russian cryptocurrency exchange Garantex, causing the platform to suspend all trading and withdrawal services, and the website to enter maintenance mode. Garantex warned in a Telegram announcement that users' USDT holdings are under threat and stated that they will fight to the end. This move marks the first time since the 16th EU sanctions against Russia on February 26th that Garantex has been targeted due to its association with sanctioned Russian banks. The US Treasury Department imposed sanctions on Garantex as early as April 2022. Tether has not yet responded to the reason for the freeze. (Cointelegraph) http://(wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=39026