TechFlow news: On March 25, “on-chain investigator” ZachXBT reported that a wallet address (0x6926408f55c4f322ebe1a3cc7e4fff380c5543df) belonging to the Iranian cryptocurrency exchange Wallex (wallex.ir) has been frozen by both Circle and Tether.
Several hours before this address was frozen, Wallex began consolidating its crypto assets—previously distributed across multiple hot wallets on the TRON and Ethereum networks—onto BNB Chain via several cross-chain bridges. Currently, approximately $2.49 million in assets remains stranded at the affected address, remaining idle.
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