Paolo ArdoinoVerified account

3/ The address we froze just receiving 100s M USD equiv. of crypto assets from #PolyNetwork contracts. Fresh address, no other activity. It wasn't active part of any DeFi pool / DEX / CEX, ...No doubts.

4/ Frozen funds will be released back to the legitimate owner once there is confirmation / proof of proper actions taken in order to restore security of the bridges.

5/ *** General procedure *** Sometimes Tether users report private hacks / scams and request an address freeze. ALL information needs to be gathered to Tether via inforequests@tether.to with attached a Law Enforcement letter that confirms the claimant information / request.

7/ The general process of freezing and re-issuing is extremely thorough (people that went through it can surely confirm it). Compliance and Law Enforcement interactions are mandatory to protect all #Tether users and Tether Company itself.

8/ Tether manages the re-issuance phase extremely carefully. Tether needs to ensure that there are no other claimants, hence there is a delay (of several months) to allow other parties to contact Tether and make their case as well.

9/ Sometimes people ask me: "why are you guys doing all this? Sometimes must be ......... overwhelming with so many donkeys trolling you. Aren't you tired? Why aren't you gives living an easier life?"

10/ #Tether was born in 2014 to contribute and innovate into #bitcoin and #crypto ecosystem, creating the first stablecoin and opening the path for many others. Our mission has always been to be part of a bigger story that aimed to solve the problem of unfair access to finance.