Cryptocurrency23 Apr 2026SEO 801 min read

Analysis: Tether freezes $344 million in USDT on Tron tied to 'illicit activity'

The stablecoin issuer said the action followed U.S. law enforcement requests as global watchdog FATF warned of growing role of digital dollars in illicit money…

The stablecoin issuer said the action followed U.S. law enforcement requests as global watchdog FATF warned of growing role of digital dollars in illicit money flows. Tether said it froze $344 million in USDT stablecoin on the Tron blockchain tied to suspected illicit activity. The action followed coordination with U.S. law enforcement, the firm said. The news comes as debate is growing over stablecoin issuers' role in stopping illicit money flows. Tether, the crypto company best known for…

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AnalysisTetherfreezes344millionUSDTTrontied