Tether freezes $344 million in USDT on Tron tied to illicit activity
CoinDesk
Tether has frozen $344 million in USDT on the Tron blockchain following requests from U.S. law enforcement regarding alleged illicit activities.Summary
Stablecoin issuer Tether announced it has frozen $344 million in USDT tokens held across two wallets on the Tron blockchain. The company stated this action was taken in response to requests from U.S. law enforcement, which had flagged the addresses for suspected involvement in illegal activities. While Tether did not disclose specific details about the nature of the funds, the move aligns with increasing global scrutiny from organizations like the Financial Action Task Force regarding the role of stablecoins in money laundering and sanctions evasion.
(Source：CoinDesk)