Tether freezes $344 million in USDT on Tron tied to 'illicit activity'

Tether freezes $344 million in USDT on Tron tied to 'illicit activity'

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enFinanceShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailTether freezes $344 million in USDT on Tron tied to 'illicit activity'The stablecoin issuer said the action followed U.S. law enforcement requests as global watchdog FATF warned of growing role of digital dollars in illicit money flows.By Krisztian Sandor|Edited by Aoyon AshrafUpdated Apr 23, 2026, 3:32 p.m. Published Apr 23, 2026, 2:53 p.m. Make preferred on Tether CEO Paolo Ardoino (Nikhilesh De/CoinDesk)What to know: Tether said it froze $344 million in USDT stablecoin on the Tron blockchain tied to suspected illicit activity.The action followed coordination with U.S. law enforcement, the firm said.The news comes as debate is growing over stablecoin issuers' role in stopping illicit money flows.Tether, the crypto company best known fo

Source: https://www.coindesk.com/business/2026/04/23/tether-freezes-usd344-million-in-usdt-on-tron-tied-to-illicit-activity