Gate News message, April 23 — Tether froze more than $344 million in USDT across two Tron addresses on April 23 in coordination with the Office of Foreign Assets Control (OFAC) and U.S. law enforcement agencies. The stablecoin issuer said the action followed information linked to sanctions evasion, criminal networks, and other unlawful conduct. CEO Paolo Ardoino stated that “USDT is not a safe haven for illicit activity” and that Tether acts quickly when credible links to sanctioned entities or criminal actors are identified.
Blockchain security firm PeckShield identified the two Tron wallets — TNiq9…QZH81 and TTiDL…pjSr9 — as blacklisted on April 23. The first address held approximately $213 million in USDT while the second held roughly $131 million, totaling more than $344 million. Tether did not disclose details of the underlying investigation or when the wallets were initially flagged by authorities.
The freeze is reportedly the largest by size in Tether’s history and reflects an escalating enforcement trend. Tether now works with more than 340 law enforcement agencies across 65 countries, has supported over 2,300 cases globally, and has frozen more than $4.4 billion in assets overall, including more than $2.1 billion tied to U.S. authorities. In November 2023, Tether froze approximately $225 million linked to a Southeast Asia human-trafficking and “pig butchering” investigation. In January 2026, it froze roughly $182 million across five Tron wallets in another law-enforcement-coordinated action.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Tether Supports Freezing of $344M in USDT in Collaboration With U.S. Government
Gate News message, April 23 — Tether announced it has supported the U.S. government in freezing over $344 million in USDT across two wallet addresses. The action was coordinated by the U.S. Department of Treasury's Office of Foreign Assets Control (OFAC) and U.S. law enforcement agencies to prevent
GateNews2h ago
USDT supply reaches a new all-time high of 188 billion USD, with 550 million users relying on payment savings
Tether CEO Paolo Ardoino announced on April 21 that the circulating supply of USDT has reached a new all-time high of $188.0 billion, further widening its lead over competitors and making it the third-largest crypto asset by market cap, trailing only Bitcoin and Ethereum. Ardoino emphasized that more than 550 million users in emerging markets currently rely on USDT for everyday payments.
MarketWhisper04-22 03:56
USDT supply hits fresh $188b ATH as Tether tightens grip on stablecoins
Tether CEO Paolo Ardoino says USDT supply has hit a record $188b, cementing the stablecoin's dominance as broader stablecoin liquidity sits near all-time highs.
Summary
Tether CEO Paolo Ardoino says USDT supply has reached a record $188 billion.
The new peak comes weeks after stablecoins hit a
Cryptonews04-21 16:19
Tether Issues 2B USDT on Ethereum in 3 Days
Gate News message, April 21 — According to Lookonchain monitoring, Tether issued 2 billion USDT on Ethereum over the past 3 days.
GateNews04-21 08:16
Scammers Pose as Iranian Authorities to Extort Stranded Shipowners in Bitcoin and Tether
Gate News message, April 21 — Unknown actors sent fraudulent messages to shipping companies with vessels stranded west of the Strait of Hormuz, claiming to be Iranian authorities and offering safe passage in exchange for fees paid in Bitcoin or Tether, according to Greek risk firm MARISKS. The messa
GateNews04-21 07:41
Tether Acquires 8.2% Stake in Antalpha, Gaining Exposure to Bitcoin Lending Platform
Tether-affiliated entities invested $25 million in Antalpha, acquiring 8.2% ownership at the IPO price of $12.80 per share. Antalpha, a fintech platform for Bitcoin mining, reported strong financials, but shares fell over 27% post-disclosure.
GateNews04-21 06:11
