Tether stated that it has frozen approximately $4.2 billion of illegal funds related to USDT and assisted in freezing $61 million related to "pig butchering" this week

By: rootdata|2026/02/28 12:44:18
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According to Reuters, Tether stated that it has frozen approximately $4.2 billion USDT due to "association with illegal activities," with about $3.5 billion occurring since 2023; this week it assisted the U.S. Department of Justice in freezing nearly $61 million USDT related to "pig-butchering" scams. Tether claimed it can remotely freeze USDT in user wallets at the request of law enforcement agencies.

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