Crypto

Tether Freezes $39M in USDT Amid Ongoing Crackdown

Guavy AI Editorial Team Published September 8, 2026

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USDT TRX

Tether has frozen a massive amount of USDT, worth $39.2 million, on 10 TRON addresses linked to Xinbi Guarantee.

This move comes just after Tether's earlier freeze of Huione-linked funds and targets illicit Telegram-based escrow platforms operating in the crypto space.

The exact reason for the freeze is not clear, but it appears to be part of Tether's ongoing efforts to combat illicit activities in the cryptocurrency market.

The Wire

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