- Tether froze $344 million in USDT across two blockchain addresses after a U.S. authorities alert.
- The action followed coordination with OFAC and law enforcement to stop further fund movement.
- Tether linked the case to its wider enforcement record covering 2,300 cases across 65 countries.
Tether has frozen $344 million in USDT across two blockchain addresses after U.S. authorities flagged the wallets. The move followed coordination with OFAC and law enforcement, and it stopped any further transfer of funds. The action places another large enforcement case at the center of Tether’s compliance record.
Tether Freeze Targets Two Wallets After U.S. Alert
Tether confirmed that several U.S. authorities shared intelligence tied to unlawful activity before the freeze. After that alert, the company moved to block the two addresses and prevent further fund movement. The case involved more than $344 million in USDT.
The company links this process to its existing compliance framework for suspicious and restricted activity. It can freeze assets when investigators connect wallets to sanctions evasion, criminal networks, or other illicit conduct. That mechanism allows action before funds move beyond reach.
Tether follows OFAC guidance linked to the Specially Designated Nationals list. It also applies a zero-tolerance policy toward criminal use of its financial products. In this case, the freeze came after authorities identified the wallets.
The company works with more than 340 law enforcement agencies across 65 countries. That network supports active investigations and helps authorities respond during live cases. Tether framed this cooperation as direct coordination rather than a delayed reaction.
Enforcement Record and Blockchain Trail Shape Response
Tether’s global law enforcement work now covers more than 2,300 cases. That total includes over 1,200 matters connected to U.S. agencies. Across those cases, authorities have frozen more than $4.4 billion in assets. Of that total, more than $2.1 billion links to U.S. authorities. Tether presented those figures as part of its broader enforcement record. The latest freeze now adds another large case to that tally.
The company also pointed to the public nature of blockchain transactions. Unlike cash, blockchain transfers leave a visible trail that investigators can follow. That record allows authorities and issuers to flag wallets and restrict assets before further transfers occur.
Paolo Ardoino described USDT as “not a safe haven for illicit activity.” He added that Tether moves quickly when credible links connect funds to sanctioned entities or criminal networks. He also tied that approach to real-time monitoring and direct law enforcement coordination.
Tether also pointed to earlier U.S. Department of Justice cases involving its support. Those enforcement actions led to seizures tied to nearly $61 million and about $225 million in pig butchering fraud. The latest freeze now stands as Tether’s newest disclosed action with U.S. authorities.
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Disclaimer: This article is only for informational purposes and does not constitute investment advice. Cryptocurrency markets are volatile, and readers should conduct their own research before making financial decisions.
Wesley is a journalist with nearly a decade of experience covering crypto, stocks, tech, sports, and politics. He has worked with top media outlets and brings newsroom discipline together with a trader’s perspective to his reporting. He spends much of his time on TradingView and CoinMarketCap, where he tracks charts, new token activity, and real-time market moves. LinkedIn: Wesley Munene
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