According to ZachXBT's monitoring, a wallet address (0x69264...543df) belonging to the Iranian cryptocurrency exchange Wallex has recently been subject to dual freezes by both Circle and Tether officials. Following the address freeze, Wallex has begun massively consolidating its hot wallet assets distributed across Tron and Ethereum to BSC through multiple cross-chain bridges. Currently, approximately $2.49 million in assets remain dormant at a new address on BSC.

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