How Tether uses its USDT 'recovery mechanism' to restore lost user funds
September 14, 2020, 11:48AM EDT · 4 min read
Quick Take
- Tether has the power to “recover” USDT if a user says they sent it to the wrong address.
- Here’s an explanation of when they use it, and how it works.
Tether apparently has the power to freeze, destroy, and issue new tokens if a user claims to have sent USDT to the "wrong" address.
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