Tether freezes over $344 million in USDT in record action coordinated with OFAC and U.S. law enforcement

Tether said it has frozen more than $344 million worth of USDT, marking the company's largest asset freeze to date. The move was carried out in coordination with the Office of Foreign Assets Control and U.S. law enforcement, and targets funds tied to illicit activity. Tether said the action underscores its ongoing cooperation with regulators.