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Crypto community criticizes Tether for blacklisting wallet that drained $20M from MEV bots
By Oluwapelumi Adejumo at 2026-06-14 03:52
Sentiment: Negative
Several crypto stakeholders have criticized USDT issuer Tether for blacklisting a validator address that drained $25 million from maximal extractable value (MEV) bots. The MEV bots were drained of over $20 million on April 3 while executing a sandwich trade. The blacklisted address exploited a bug in the MEV-boost relay to back-run the bot’s transactions […] The post Crypto community criticizes Tether for blacklisting wallet that drained $20M from MEV bots appeared first on CryptoSlate. Continue reading...
Categories: DeFi
Tags: #DeFi #Stablecoins #Tether #USDT
Source CryptoSlate