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Tether Freezes $182 Million in USDT Stablecoin Across Five Tron Blockchain Wallets
Source: CryptoNewsNet Original Title: Tether freezes $182 million in USDT stablecoin across five Tron blockchain wallets Original Link: Tether froze more than $182 million worth of its USDT stablecoin across five wallet addresses on the Tron blockchain on January 11, according to onchain data. This represents one of the larger single-day enforcement actions disclosed on Tron in recent months.
The wallets each held between roughly $12 million and $50 million in USDT. The freezes were executed within the same day, suggesting a coordinated action rather than a series of unrelated incidents.
The move aligns with Tether’s voluntary wallet-freezing policy, which it formalized in late 2023 to comply with the U.S. Treasury’s Office of Foreign Assets Control sanctions framework.
Under its terms of service, Tether reserves the right to freeze addresses or share user information when required by authorities or when it deems such action necessary.