Crypto
Tether Blacklists $3.31M Tron Wallets Amid Compliance Concerns
Tether, the issuer of the USDT stablecoin, blacklisted 15 addresses on the Tron network that held a combined $3.31 million in USDT during a concentrated series of freezes.
The largest wallet, TLUQfWcfnUbZ1sY6TNoiZ6t9MioEPa7wwp, held more than $1.13 million when the restriction was executed.
No corresponding Ethereum USDT freezes were recorded in the same dataset.
Tether has not publicly identified why the addresses were selected, but the company can blacklist USDT addresses for several compliance reasons, including law-enforcement requests and sanctions enforcement.