The crypto industry accepts the use of centralized stablecoins, which can blacklist certain addresses. So why not grant those same stablecoin issuers the ability to credit the addresses where funds got hacked in order to make them whole?
Tether is already in contact with the project that suffered the breach. Process: project engages discussions with law enforcement + Tether. Tether validate the freeze and programs reissuance of funds. Happened in the past with Kucoin hack and others.
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God's work, Paolo.
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Centralised has its advantages, and if people leave their coins with an exchange, they do not benefit from being decentralised.
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Question here.. what if hackers stole the USDT and sold it for cash to other users. If you froze and return it backroads original owners .. what will happen to the guys who paid for it without knowing it was stolen ???
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How to end users know before they buy it is stolen or KYCed USDT ??
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