{"id":28564,"date":"2020-09-12T14:58:18","date_gmt":"2020-09-12T11:58:18","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=28564"},"modified":"2025-08-27T12:14:15","modified_gmt":"2025-08-27T09:14:15","slug":"tether-returned-1-million-to-user-who-sent-usdt-to-the-wrong-address","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/tether-returned-1-million-to-user-who-sent-usdt-to-the-wrong-address\/","title":{"rendered":"Tether returned $1 million to user who sent USDT to the wrong address"},"content":{"rendered":"<p>The CTO of Bitfinex and Tether, Paolo Ardoino, said that USDT tokens worth $1 million were returned to the user who sent funds to the wrong smart contract address.<!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Use <a href=\"https:\/\/twitter.com\/hashtag\/DeFi?src=hash&#038;ref_src=twsrc%5Etfw\">#DeFi<\/a> projects at your own risk but if you do, at least make sure to user <a href=\"https:\/\/twitter.com\/Tether_to?ref_src=twsrc%5Etfw\">@Tether_to<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24USDt&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$USDt<\/a>.<\/p>\n<p>1M <a href=\"https:\/\/twitter.com\/search?q=%24USDt&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$USDt<\/a> recovered and returned to the legitimate owner(s).<a href=\"https:\/\/t.co\/dbbbaO3veb\">https:\/\/t.co\/dbbbaO3veb<\/a> <a href=\"https:\/\/t.co\/j3rkZtx12V\">https:\/\/t.co\/j3rkZtx12V<\/a><\/p>\n<p>\u2014 Paolo Ardoino (@paoloardoino) <a href=\"https:\/\/twitter.com\/paoloardoino\/status\/1304458795167494145?ref_src=twsrc%5Etfw\">September 11, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote>\n<p>\u201cUse DeFi projects at your own risk. At least make sure you are using USDT from Tether,\u201d emphasized Ardoino.<\/p>\n<\/blockquote>\n<p>The managing partner at Primitive Ventures, Dovey Wan, on September 8 said that a user had accidentally sent USDT worth $1 million to an incorrect address of the Swerve.Finance project.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p dir=\"ltr\" lang=\"en\">A rookie just sent 1M USDT directly into <a href=\"https:\/\/twitter.com\/SwerveFinance?ref_src=twsrc%5Etfw\">@SwerveFinance<\/a> contract \ud83d\udca9\ud83d\udca9\ud83d\udca9<\/p>\n<p>Tough break, bro \u2014 can you stop sending money directly to the contract? <a href=\"https:\/\/t.co\/KOxtT8PGJ8\">pic.twitter.com\/KOxtT8PGJ8<\/a><\/p>\n<p>\u2014 Dovey Wan \ud83e\ude90\ud83e\udd96 (@DoveyWan) <a href=\"https:\/\/twitter.com\/DoveyWan\/status\/1303233517845803009?ref_src=twsrc%5Etfw\">September 8, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Earlier Protocol Podcast host Eric Saviks lost $120,000 in Bitcoin after using a fake Keep Key crypto-wallet extension.<\/p>\n<p>The community came to the aid of the hapless user \u2014 within a day, one-sixth of the stolen amount had been reimbursed. Later, Twitter users questioned Saviks&#8217;s honesty, spotting his name in the Panama Papers.<\/p>\n<p>Subscribe to the ForkLog channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"> YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bitfinex and Tether CTO Paolo Ardoino announced the return of USDT tokens worth $1 million to the user who sent funds to the wrong smart-contract address.<\/p>\n","protected":false},"author":1,"featured_media":28565,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1093,1245],"class_list":["post-28564","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-defi","tag-tether-usdt"],"aioseo_notices":[],"amp_enabled":true,"views":"53","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/28564","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=28564"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/28564\/revisions"}],"predecessor-version":[{"id":28566,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/28564\/revisions\/28566"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/28565"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=28564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=28564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=28564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}