Tether Freezes $28M in USDT Tied to Cambodian Fraud

Tether Freezes $28M in USDT Tied to Cambodian Fraud

Tether has reportedly frozen a Tron (TRX) wallet containing over $28 million in USDT tokens, suspected to be the proceeds of criminal activities, including money laundering and fraud. On July 13, the USDT/USDC Ban List, an account dedicated to the real-time observation of Tron and Ethereum (ETH) stablecoins, reported that an address identified as TNVaKW had been blacklisted by Tether, holding $28.25 million in USDT. The wallet is allegedly li...

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