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THORChain exec accuses Tether of temporarily freezing USDT vaults

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Cointelegraph
THORChain exec accuses Tether of temporarily freezing USDT vaultsWorldPing
Image via Cointelegraph.

What happened

Chad Barraford, technical co-founder of the network, said that the funds were frozen and then unfrozen without explanation.

Key facts

  • Reported by Cointelegraph and published Fri, 09 Oct 2026 19:04:03 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Senate Democrat Presses Cantor Fitzgerald on Tether Ties and Lutnick Family Profits

  2. THORChain exec accuses Tether of temporarily freezing USDT vaults

Sources

The original report was published by Cointelegraph. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Cointelegraph

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