Tether Freezes Over $13 Million in USDT Across Ethereum and Tron

Tether, the issuer of popular stablecoin USDT, has frozen over $13.4 million worth of USDT across 22 wallets on the Ethereum and Tron networks. Blockchain tracking firm MistTrack reported that the majority of the frozen funds, $10.3 million, were held in a single Ethereum wallet. Another wallet on Tron contained around $1.4 million in USDT. [Link to Tweet by @MistTrack_io] 🚨MistTrack Alert: 🧊 On October 16th, @Tether_to froze 22 addresses across #Ethereum and #TRON, totaling 13,408,649 $USDT. Among them: 🔹0xecbd85e318e83f0358b404b41fb73daaacbeb59e 👉 10,301,346 $USDT frozen 🔹TYzDebkjMofvfWR6v7Ay1rcH7r9JjYMxQV 👉 1,403,971 $USDT frozen… [Link to tweet] . 2025. 📍 MistTrack’s alert followed recent actions by Tether in June and April, which resulted in the freezing of over $12 million and $28.67 million in USDT respectively. The company has a history of taking similar measures to address potential criminal activity. 🚨Tether freezes over $13 million worth of USDT across Ethereum and Tron: [link to tweet] . Tether’s actions are often triggered by requests from authorities such as the US Department of Justice, FBI, or other international agencies who believe these wallets may be linked to illegal activities. When freezing a wallet, Tether aims to stop the movement of funds suspected of being related to fraud, terrorism, sanctions, or criminal markets. However, this approach has sparked controversy with Riverstone Consulting filing a lawsuit against Tether for the wrongful freezing of $44.7 million in April 2025, alleging that Tether bypassed official procedures and did not follow international guidelines. 📍 The company also highlights its dedication to complying with anti-money laundering (AML) and sanctions rules by closely monitoring blockchain activity.