Tether froze 28.7 million USDT across 13 addresses

The company Tether froze assets totaling approximately 28.67 million USDT across 12 addresses on the TRON network. Additionally, about $99,630 was blocked in one of the Ethereum wallets. This information was revealed by the MistTrack service.

Experts note that the frozen funds were moved through several well-known cryptocurrency platforms such as Gate, KuCoin, and HitBTC. They also interacted with addresses that were added to a blacklist.

The issuer of USDT regularly freezes assets if there are suspicions of illegal activity. On April 17, Tether blocked 870,000 USDT across three wallets.

In March, Jacob King, founder and CEO of WhaleWire, commented on the company's actions regarding four addresses on the TRON network, where 601,798 USDT was frozen:

"No explanations, no warnings — just another day in the world of centralized stablecoins! It’s a harsh reminder that control lies in the hands of a few"