You process a $200K USDT transfer. Three days later, Tether freezes the source wallet. Your banking partner flags the transaction. Your ramp is suspended pending review.
- $50K–200K locked during investigation (avg. 3–6 weeks)
- Banking relationship at risk — lose this ramp, lose your margin
- Reputation damage — word travels fast in OTC circles
How OTC desks use ChainArmor
STEP 1
Paste address
Drop counterparty wallet into Verify before accepting funds.
STEP 2
Get instant score
Risk level + proximity to blacklisted addresses in 60 seconds.
STEP 3
Decide confidently
Green = proceed. Amber = negotiate. Red = walk away.
STEP 4
Keep the PDF
Branded report for your records — proof of due diligence.
A Dubai-based desk was about to accept $180K USDT from a new counterparty. Routine check via ChainArmor flagged the wallet: 3 direct transactions with a blacklisted mixer, 72-hour proximity to a Tether freeze. They walked away. Two weeks later, the counterparty’s wallet was frozen. $180K saved, banking ramp intact.
Not running an OTC desk? If you’re a crypto trader protecting your own wallets, see our Traders page →. If you’re a CFO managing corporate treasury, Finance Teams →.