Tether confirms cooperation with the U.S. government to freeze USDT worth over $344 million

Crypto News: Tether Announces Support for U.S. Government Freeze of Over $344 Million USDT Involving Two Wallet Addresses.
This freezing action was carried out in collaboration with the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and U.S. law enforcement agencies, aiming to prevent further movement of funds.
The freeze was based on information provided by multiple U.S. law enforcement agencies, indicating these addresses are linked to illegal activities.
Tether stated that when wallet addresses are associated with sanctions evasion, criminal networks, or other illegal activities, the company will take freezing measures.
Today, this has become Tether’s routine response to legitimate requests from U.S. and global law enforcement agencies.
Tether adheres to a zero-tolerance policy, firmly opposing criminal activities conducted through its financial products (including USDT), and has long followed OFAC guidelines regarding the “Specially Designated Nationals” (SDN) list.
The company works closely with over 340 law enforcement agencies worldwide to help identify and freeze assets related to illegal activities or wrongdoers, preventing further transfers.
Tether has supported over 2,300 cases globally, including more than 1,200 involving U.S. law enforcement, with frozen assets exceeding $4.4 billion, of which $2.1 billion are related to U.S. authorities.
Tether CEO Paolo Ardoino stated: “USDT is not a safe haven for illegal activities. When connected to sanctioned entities or criminal networks with credible links, we act immediately. Recent events have shown what happens when platforms fail to act swiftly, law enforcement fails, users are exposed, and trust is lost.
Our approach is different. We combine blockchain transparency, real-time monitoring, and direct coordination with law enforcement to prevent fund flows. This is our responsibility as one of the largest issuers in the market, and we take it very seriously.”
This action is part of Tether’s cooperation with U.S. law enforcement agencies.
The U.S. Department of Justice previously confirmed Tether’s support in law enforcement operations, successfully recovering nearly $61 million and approximately $225 million related to “Pig Butchering” scams.
These cases demonstrate that, with close cooperation between issuers and law enforcement, digital assets on public blockchains are not beyond reach.