Tether Freezes $500M in USDT in 30 days, BlockSec Data Shows
Cointelegraph
Data from BlockSec reveals that Tether has frozen over $514 million in USDT across the Ethereum and Tron networks over the past month.Summary
Tether has frozen more than $514 million in USDT across the Ethereum and Tron blockchains in the last 30 days, according to data from BlockSec. The enforcement action affected 370 addresses, with the vast majority of the frozen funds concentrated on the Tron network. This activity reflects a growing trend of Tether proactively immobilizing assets suspected of being linked to illicit operations, sanctions evasion, and fraud. Data shows that once funds are blacklisted by Tether, they are rarely recovered, and the company's total frozen assets have reached into the billions over the past three years as it collaborates with international law enforcement.
(Source：Cointelegraph)