Tether freezes $344 million USDT on Tron

Tether has supported the freeze of over $344 million in USDT across two Tron addresses, acting in coordination with U.S. authorities including OFAC and law enforcement. This action follows the flagging of these wallets due to suspected illicit activity. While Tether confirmed its cooperation, it did not disclose the specific investigation or the identities of the wallet owners. This move represents one of the largest freezes of USDT by the stablecoin issuer, highlighting increased regulatory scrutiny and enforcement actions within the cryptocurrency space.