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Apr 23, 2026

Tether Freezes $344 Million in USDT on Tron Following U.S. Law Enforcement Request

Stablecoin issuer Tether froze $344 million in USDT on the Tron blockchain after coordination with OFAC and U.S. authorities, marking one of the largest asset freezes on record for the company.

Apr 23, 2026·3 sources
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Top claims

  • ▪The $344 million freeze is reportedly the biggest freeze by Tether by size.
  • ▪Tether has frozen more than $4.4 billion in assets overall.
  • ▪The Kelp DAO exploit involved $292 million and has been linked by investigators to North Korean hackers.

Topics

Crypto enforcement actionsStablecoinsCrypto Sanctions ComplianceAnti-money laundering (AML)Stablecoin regulationCrypto regulation

Related entities

United StatesUSDT

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