Tether

Tether has frozen $4.2 billion in illicit funds to date. Tether, the issuer of USDT, has collaborated with law enforcement agencies to freeze assets linked to illegal activities, amounting to approximately $4.2 billion. The firm […]

Tether has frozen roughly $4.2 billion in USDT linked to illegal activities, including $3.5 billion since 2023. Recently, the company helped the U.S. Department of Justice block $61 million connected to “pig-butchering” scams. With a […]

Tether has frozen $3.5 billion of its stablecoins since 2023 and a total of $4.2 billion since the company’s launch, in cases where the tokens were linked to illicit activity, a company spokesperson told Reuters in a report published Friday (Feb. 27). […]

How Much Has Tether Frozen — and Why? Tether said it has frozen about $4.2 billion worth of its USDT stablecoin over links to “illicit activity,” with most of those actions taking place in the […]