Tether Freezes $12.3M in USDT on Tron Over Suspicious Activity

Tether Freezes $12.3M in USDT on Tron Over Suspicious Activity

Tether, issuer of the world’s largest stablecoin USDt, has frozen $12.3 million worth of USDT on the Tron Network, intensifying its efforts to curb illicit activity within the cryptocurrency ecosystem. Blockchain data from Tronscan confirmed that Tether executed the freeze at approximately 9:15 am UTC on Sunday. While Tether has yet to release an official statement, the move is widely believed to be tied to potential violations of U.S. s...

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