Tron Network Sees $12M USDT Frozen by Tether Amid AML Concerns
The post Tron Network Sees $12M USDT Frozen by Tether Amid AML Concerns appeared on BitcoinEthereumNews.com. Tether just froze $12.3 million worth of USDT on the Tron blockchain, cracking down on dirty money and trying to stay on top of AML rules. Moves like this show how Tether’s stepping deeper into the regulatory game. On June 15, 2025, Tether Inc., the company behind the world’s most-used stablecoin, USDT, froze around $12.3 million worth of tokens on the Tron blockchain. The freeze happened at 09:15 UTC, according to Tronscan data, and was part of Tether’s push to shut down shady activity and stick to its tough stance on anti-money laundering rules and sanctions. Tether’s no stranger to freezing wallets when it comes to playing by the rules. The company regularly uses this tool to stay in line with global compliance standards, including the OFAC Specially Designated Nationals (SDN) list. Back in March, Tether put out a blog post saying it follows a strict wallet-freezing policy to go after things like money laundering, terrorist funding, and even nuclear threats. This latest freeze is just another chapter in what Tether’s been doing for a while now. Earlier this year, they locked up $27 million in USDT tied to the Garantex crypto exchange. And this wasn’t their first move against Garantex, back in April 2022, Tether blacklisted the exchange after it got hit with OFAC sanctions over AML violations. Tether’s been stepping up its game on the compliance front. Since teaming up with TRON DAO and TRM Labs to launch the T3 Financial Crime Unit (T3 FCU) in September 2024, the company has frozen over $126 million in USDT in just six months. That includes blocking some massive illegal transfers, like more than $200 million tied to the Lazarus Group, the North Korean hacking crew known for hitting crypto hard. Implications and Future Outlook Tether’s latest freeze really highlights how…
The post Tron Network Sees $12M USDT Frozen by Tether Amid AML Concerns appeared on BitcoinEthereumNews.com.
Tether just froze $12.3 million worth of USDT on the Tron blockchain, cracking down on dirty money and trying to stay on top of AML rules. Moves like this show how Tether’s stepping deeper into the regulatory game. On June 15, 2025, Tether Inc., the company behind the world’s most-used stablecoin, USDT, froze around $12.3 million worth of tokens on the Tron blockchain. The freeze happened at 09:15 UTC, according to Tronscan data, and was part of Tether’s push to shut down shady activity and stick to its tough stance on anti-money laundering rules and sanctions. Tether’s no stranger to freezing wallets when it comes to playing by the rules. The company regularly uses this tool to stay in line with global compliance standards, including the OFAC Specially Designated Nationals (SDN) list. Back in March, Tether put out a blog post saying it follows a strict wallet-freezing policy to go after things like money laundering, terrorist funding, and even nuclear threats. This latest freeze is just another chapter in what Tether’s been doing for a while now. Earlier this year, they locked up $27 million in USDT tied to the Garantex crypto exchange. And this wasn’t their first move against Garantex, back in April 2022, Tether blacklisted the exchange after it got hit with OFAC sanctions over AML violations. Tether’s been stepping up its game on the compliance front. Since teaming up with TRON DAO and TRM Labs to launch the T3 Financial Crime Unit (T3 FCU) in September 2024, the company has frozen over $126 million in USDT in just six months. That includes blocking some massive illegal transfers, like more than $200 million tied to the Lazarus Group, the North Korean hacking crew known for hitting crypto hard. Implications and Future Outlook Tether’s latest freeze really highlights how…
What's Your Reaction?
