Tether: T3 FCU has frozen $9 million related to Bybit hack

On March 26th, Tether officially issued a statement saying that the T3 FCU (T3 Financial Crime Unit) announced today that it has frozen $9 million related to the Bybit hack. Tether CEO Paolo Ardoino said that Tether is committed to stopping the actions of criminals. Working closely with T3 FCU, other partners and law enforcement around the world will ensure that stablecoin technology is not only transformative, but also safe, transparent and not easily exploited.