Tether freezes $344M in USDT in cooperation with U.S. law enforcement

Tether has announced that it has frozen over $344 million in USDT held in two addresses in cooperation with the U.S. government. The action was taken immediately after the addresses were identified to prevent any further transfer of the funds. The freeze was based on information provided by several U.S. law enforcement agencies following the detection of fund flows linked to illicit activities.