Tether Freezes $344 Million in USDT Linked to Iran’s Central Bank

Story Highlights* Tether froze $344 million in USDT linked to wallets tied to Iran’s Central Bank.

  • Arkham Intelligence identified and deanonymized suspicious wallets connected to alleged sanctions evasion activities.
  • The case show how centralized stablecoins allow issuers to freeze and blacklist suspicious wallet including gov central bank.
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