The era of “voluntary” compliance has morphed into financial martial law. As the state deputizes private companies to seize assets on a whim, the only safety left is total privacy.
If you woke up on the morning of January 11 and checked the blockchain, you might have noticed something terrifyingly silent happened on the Tron network. In the blink of an eye, $182 million worth of Tether (USDT) simply ceased to function. The funds weren’t stolen by a hacker in a hoodie or lost in a tragic boating accident involving a misplaced private key, but were instead obliterated by a few keystrokes from a centralized administrator acting on a “voluntary” request from law enforcement. There was no public warrant, no judge’s signature, and certainly no due process for the owners of those five wallets; just like that, nearly a quarter of a billion dollars was rendered dust, proving once and for all that if your money requires permission to spend, it was never really yours to begin with.
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Read Full Article: https://thewashingtonstandard.com/while-you-slept-tether-just-obliterated-182-million-heres-why-your-wallet-could-be-next/