Tether Freezes $344 Million USDT on Tron in OFAC Coordination
BeInCrypto
Tether has frozen $344 million in USDT across two Tron wallets to comply with U.S. sanctions and law enforcement investigations.Summary
Tether recently executed its largest enforcement action to date by freezing $344 million in USDT across two Tron wallets. This action, coordinated with the U.S. Office of Foreign Assets Control (OFAC) and law enforcement, targets accounts linked to illicit activities and sanctions evasion. Tether CEO Paolo Ardoino emphasized that the stablecoin is not a haven for criminal activity, highlighting the company's ongoing cooperation with over 340 global agencies to combat financial crime.
(Source：BeInCrypto)