Any "cryptocurrency" that can be seized / frozen at any time by the developers is not a real cryptocurrency in my book.
"Stablecoin issuer Tether froze over $1 million worth of USDT last week, according to on-chain data.
...
It is unclear who owns this address, which holds many other tokens in the low five-figure ranges that it hasn't transferred out. When contacted, a Tether spokesperson declined to share those details to maintain the owner's privacy but said Tether regularly works with regulators and law enforcement agencies worldwide, including on any cases related to hacks and scams, for freezing addresses.
"Through the freezing of addresses, Tether has been able to help recover funds stolen by hackers or are compromised," said the spokesperson.
Tether began banning blockchain addresses in 2017 and has blocked over 500 addresses to date on Ethereum, according to The Block's Data Dashboard."
https://www.reddit.com/r/Monero/comments/ry1pwc/tether_froze_over_1_million_worth_of_usdt_last/
"Stablecoin issuer Tether froze over $1 million worth of USDT last week, according to on-chain data.
...
It is unclear who owns this address, which holds many other tokens in the low five-figure ranges that it hasn't transferred out. When contacted, a Tether spokesperson declined to share those details to maintain the owner's privacy but said Tether regularly works with regulators and law enforcement agencies worldwide, including on any cases related to hacks and scams, for freezing addresses.
"Through the freezing of addresses, Tether has been able to help recover funds stolen by hackers or are compromised," said the spokesperson.
Tether began banning blockchain addresses in 2017 and has blocked over 500 addresses to date on Ethereum, according to The Block's Data Dashboard."
https://www.reddit.com/r/Monero/comments/ry1pwc/tether_froze_over_1_million_worth_of_usdt_last/