Tether (the issuer of USDT) froze 31,765,779 USDT (approximately 31.76 million USD) held in an Ethereum chain address on November 8, 2025. This event was captured in real-time by the on-chain monitoring tool Whale Alert. This is part of a series of recent freezing actions by Tether, which typically freeze addresses suspected of illegal activities at the suggestion of law enforcement or intelligence agencies to prevent funds from being used for money laundering, fraud, terrorist financing, or other criminal activities.
Since 2023, Tether has frozen over 2.9 billion USD worth of USDT to combat illegal activities and has collaborated with more than 275 law enforcement agencies worldwide.
Since 2023, Tether has frozen over 2.9 billion USD worth of USDT to combat illegal activities and has collaborated with more than 275 law enforcement agencies worldwide.