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Tether confirms cooperation with the U.S. government to freeze over $344 million in USDT
Golden Finance reports that Tether has announced it has supported the freezing of over $344 million USDT by the U.S. government, involving two wallet addresses. This freezing action was carried out in collaboration with the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and U.S. law enforcement agencies, aiming to prevent further movement of funds. Tether added that the freezing action was based on information provided by multiple U.S. law enforcement agencies, indicating that these addresses are related to illegal activities. Freezing measures are taken when wallet addresses are associated with sanctions evasion, criminal networks, or other illegal activities.