ZachXBT flags $120M USDT laundering route via XMR; Monero jumps to $438 before Tether freezes $72M

Blockchain investigator ZachXBT reported tracking an attempted $120 million USDT laundering operation that routed funds into Monero (XMR). The flow coincided with Monero's price moving from about $330 to $438. Tether later froze $72 million in USDT tied to the activity, according to the report.