Tether Freezes Millions of Dollars in Funds: A Strategic Move Against Cybercrime

Updated

June 19, 2025

Gambar Tether Freezes Millions of Dollars in Funds: A Strategic Move Against Cybercrime

Jakarta, Pintu News – Tether has taken the decisive step of freezing $12.3 million worth of funds on the Tron blockchain, allegedly linked to money laundering activities and sanctions evasion. While there has been no official statement, on-chain data suggests that this action is part of a broader effort to combat financial crime.

Tether’s Financial Crimes Unit in Action

LATEST: Tether freezes $12.3M in $USDT tied to suspicious TRON addresses. pic.twitter.com/WJr2ApEfyp
— MrRebel.eth (@rebelethpromos) June 16, 2025

Tether’s T3 Financial Crimes Unit (FCU), in collaboration with Tron and TRM Labs, has been monitoring suspicious transactions in real time. Since the end of 2024, the FCU has frozen more than $126 million worth of questionable assets. In the last quarter of the year, $100 million worth of assets were successfully blocked, signaling a significant increase in enforcement efforts amid tightening global regulations.

This partnership reflects Tether’s commitment to ensuring the integrity and security of transactions within its ecosystem. By identifying and freezing assets associated with illegal activity, Tether is demonstrating its capabilities in the face of increasingly complex cybercrime challenges.

Also Read: Ethereum (ETH) Prepares for a Surge: Bullish Signs Strengthen

Targeting High-Risk Entities on Sanctions List

Tether has aligned its policies with the US Office of Foreign Assets Control (OFAC), routinely blacklisting wallets associated with sanctioned entities. Individuals on the Specially Designated National List (SDN) are primarily targeted.

In March 2025, Tether froze $27 million worth of Tether assets associated with Russia-linked exchange Garantex following the 16th sanctions package from the European Union. Garantex subsequently suspended its services, claiming that more than 2.5 billion rubles of user funds were compromised.

These measures not only strengthen security within the Tether ecosystem but also confirm the company’s position as a leader in the implementation of anti-money laundering and sanctions evasion policies. By proactively blocking access to illicit funds, Tether contributes to global financial stability.

Diversify with Gold Royalties

On June 12, 2025, Tether expanded its business scope by purchasing a 32% stake in Elemental Altus Royalties, making it a public gold royalty company. The deal involved the purchase of over 78 million shares at CAD1.55 per share, worth approximately $89 million.

This move demonstrates Tether’s commitment to backing its stablecoin with real assets, while also trying to meet the demands of regulators who want strong reserves. This diversification not only strengthens Tether’s position in the market but also offers an additional layer of security for Tether (USDT) holders. With diverse and valuable assets, Tether demonstrates its adaptability to changing market dynamics and increases investor confidence.

Conclusion

Through a combination of strict enforcement and asset diversification, Tether is setting a new standard in stablecoin management. These measures not only increase trust in stablecoins but also strengthen Tether’s position as a leader in financial innovation and digital security.

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