🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Tether freezes 12.3 million USDT on-chain of Tron, possibly for compliance reasons.
Gate News bot message, Tether, the issuer of the world's largest stablecoin USDT, has frozen over 12.3 million USDT on the Tron network, continuing its efforts to combat illegal activities in the Crypto Assets sector.
Tronscan data shows that Tether froze these USDT on the Tron network at 9:15 AM UTC on June 15.
Although Tether has not made a public statement, this freeze is likely due to concerns over potential sanction violations or anti-money laundering (AML) risks.
Tether wrote in a blog post on March 7: "Tether implements a strict wallet freezing policy to combat money laundering, nuclear proliferation, and terrorist financing, and to comply with the regulations of the U.S. Treasury's Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) list."
Source: Cointelegraph