Isobel Mugnolo I7C5

Tether has frozen $344 million worth of USDT across two blockchain addresses after a direct request from U.S. law enforcement and OFAC, citing links to sanctions evasion and criminal networks. This marks one of the largest single freezes in stablecoin history and highlights Tether’s growing role in global enforcement. --- 📌 Key Details - Date: April 23, 2026 - Amount Frozen: $344 million USDT across two addresses - Reason: Wallets flagged for ties to sanctions evasion, criminal networks, and illicit activity - Authorities Involved: U.S. Office of Foreign Asset Control (OFAC), Department of Justice, and other agencies - Tether’s Policy: Zero‑tolerance for criminal misuse of USDT; follows OFAC’s Specially Designated Nationals (SDN) List --- ⚡ Broader Context - Global Cooperation: Tether works with 340+ law enforcement agencies in 65 countries, supporting 2,300+ cases worldwide. - Frozen Assets to Date: Over $4.4B globally, including $2.1B tied to U.S. authorities. - Past Cases: DOJ credited Tether for helping seize $61M and $225M from “pig butchering” scams. - Market Impact: USDT briefly dipped ~0.1% before stabilizing, showing regulatory actions can affect even stablecoins. --- 📰 (#TetherFreeze #CryptoRegulation) 🚨 Breaking: Tether Freezes $344M USDT 🚨 Tether has frozen $344M in USDT after a request from U.S. law enforcement & OFAC, citing links to sanctions evasion & criminal networks. 🔹 $344M blocked across 2 addresses 🔹 Zero‑tolerance policy against illicit activity 🔹 Works with 340+ agencies in 65 countries 🔹 $4.4B frozen globally to date 🔹 Market impact: USDT dipped briefly before stabilizing 👉 CEO Paolo Ardoino: “USDT is not a safe haven for illicit activity.” CryptoNews #Tether #USDT #Blockchain #Regulation