#Tether has frozen $12.3 million worth of #USDT linked to suspicious wallets on the TRON network, according to blockchain data confirmed on June 16.
Why it matters:
This freeze is part of Tether's ongoing efforts to fight money laundering, fraud, and sanction violations.
Quick Highlights:
▶️ Network: #TRON (TRC-20)
▶️ Frozen Amount: $12.3M USDT
▶️ Linked to: Suspicious/flagged addresses
▶️ Reason: Likely connected to OFAC violations or illicit activity
Tether continues to crack down on suspicious activity — proving again that stablecoins aren’t above the law.
This shows how blockchain can still be traceable and enforceable, despite being decentralized.
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