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📰 【Tether helps U.S. law enforcement freeze more than 344 million USDT as part of investigations into illegal activity.】
BlockBeats news, on April 23, Tether announced that, in coordination with the U.S. government, it has frozen USDT assets worth more than $344 million across two addresses. The action was carried out after the relevant addresses were identified, to prevent the funds from being transferred further. The freeze was based on information provided by multiple U.S. law enforcement agencies and involves fund flows associated with investigations into illegal activity. Tether said that when a wallet is determined to be linked to sanctions evasion, criminal networks, or other illegal conduct, the company will restrict the movement of the related assets in accordance with law enforcement requests. It has so far cooperated with more than 340 law enforcement agencies across 65 countries, cumulatively supporting over 2,300 cases, involving a total frozen asset amount exceeding $4.4 billion.
Brothers, seeing this news really makes me both furious and anxious. Tether teamed up with the Americans and directly froze 344 million USDT—adding up to 4.4 billion dollars in total. Do you think USDT is decentralized? That’s their ATM. Retail investors are still mindlessly rushing money into it, and with a single approval from them, they can wipe you out. I’ve told you many times—don’t put your lifeblood entirely into centralized stablecoins; a blow-up is only a matter of time. Go learn how to use on-chain native assets to protect yourself as soon as possible—don’t wait until your money is gone before coming to cry to me. 👇👇👇👇👇