Tether Freezes $344 Million in Crypto Assets at US Law Enforcement Request

BroadChain, April 26, 01:46, according to NewsBTC, Tether, at the direct request of US law enforcement, has frozen over $340 million worth of dollar-pegged tokens in two wallet addresses. The company stated that these funds are linked to illegal activities but did not disclose the specific suspected actions or the controllers of the accounts. The freeze was coordinated with the US Treasury Department's Office of Foreign Assets Control, marking proactive cooperation between the largest stablecoin issuer and federal authorities amid increasing regulatory pressure.