Tether freezes $344 million in USDT on Tron tied to 'illicit activity'
Crypto

Tether freezes $344 million in USDT on Tron tied to 'illicit activity'

CoinDesk·4h ago·Neutral

What Happened

Tether froze $344 million in USDT tokens across two Tron blockchain wallets Thursday after U.S. authorities flagged addresses for alleged illicit activity links. The company prevented further fund movement following law enforcement requests. Blockchain analytics identified scam-related associations with the addresses.

Key Entities

TetherUSDTTronU.S. AuthoritiesAMLbotDrift ProtocolCircleUSDCFinancial Action Task Force

AI Tools