HOW NOT TO MOVE FUNDS ONCHAIN!
Someone moved $120.2M USDT into a Tron wallet and tried swapping most of it for XMR.
The buy was so big it pushed Monero 30% in hours. That caught everyone’s attention.
Tether then froze $72M before the exit finished.
What failed here wasn't Monero. It was using a freezable asset to enter it.
REMEMBER!
- USDT has a blacklist function. Issuers can freeze any address, anytime.
- Large buys on thin markets create exactly the visibility you're trying to avoid.
- Self-custody isn’t really self-custody when it comes to USDT and USDC
If the swapper tried swapping into BTC first and then gradually into XMR it could have worked.
npub1f0…5dw0e
2026-06-13 11:00:59 UTC
Author Public Key
npub1f0z5xqns4a5t548m9scsrd4sq9wcwutsmh2esfdxz7yp53jy9qds65dw0eSeen on
wss://nostr.momPublished at
2026-06-13 11:00:59 UTCEvent JSON
{
"id": "8eb62d1823f6830f0d64e7e806ce98ab67cd71864e4197c9c0498b5942193ed2",
"pubkey": "4bc5430270af68ba54fb2c3101b6b0015d877170ddd59825a617881a4644281b",
"created_at": 1781348459,
"kind": 1,
"tags": [],
"content": "HOW NOT TO MOVE FUNDS ONCHAIN!\n\nSomeone moved $120.2M USDT into a Tron wallet and tried swapping most of it for XMR.\n\nThe buy was so big it pushed Monero 30% in hours. That caught everyone’s attention.\n\nTether then froze $72M before the exit finished.\n\nWhat failed here wasn't Monero. It was using a freezable asset to enter it.\n\nREMEMBER!\n\n- USDT has a blacklist function. Issuers can freeze any address, anytime.\n\n- Large buys on thin markets create exactly the visibility you're trying to avoid.\n\n- Self-custody isn’t really self-custody when it comes to USDT and USDC\n\nIf the swapper tried swapping into BTC first and then gradually into XMR it could have worked.",
"sig": "eb4dce271a156c36f655bc0e8723572145115381402973a9df6fd1968e402243e48bd567ebacdb7f6920ef0adb67d07805e994a1dc97195ee40f899406c7a586"
}