Garantex claimed that Tether’s freeze of $28 million in USDT was part of a broader attack on the Russian crypto market and warned that all USDT holdings in Russian wallets could be at risk.

Quotes that support claims

Please note that all USDT held in Russian wallets is now under threat. As always, we are the first, but not the last.

Tether has entered the war against the Russian crypto market and blocked our wallets worth more than 2.5 billion rubles.