TechFlow News: On April 23, Tether announced that it has cooperated with the U.S. government to freeze over 344 million USDT held in two addresses, which authorities have identified as linked to illicit activities, thereby preventing further fund transfers. Tether stated that this action was taken based on information provided by multiple U.S. agencies and emphasized its longstanding adherence to OFAC sanctions guidelines, as well as its collaboration with over 340 law enforcement agencies across 65 countries. To date, Tether has assisted in resolving over 2,300 cases, freezing assets totaling more than $4.4 billion—of which over $2.1 billion involved U.S. agencies.
Earlier reports indicated that Tether froze 344 million USDT held in two addresses on the TRON blockchain.
