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Guavy AI Editorial Team••Sentiment: -3•Clout: 85

Tether Freezes $344M in USDT Amid Controversy Over Asset Freezing Powers

USDT

Tether, the issuer of the widely circulated USDT stablecoin, has taken swift action to immobilize $344 million in tokens on the Tron blockchain. The decision was made at the direction of federal authorities, who flagged two wallet addresses for suspected illicit activity.