Tether freezes 4 wallets linked to Iran's IRGC holding $131M USDT

Tether has frozen four Tron network wallet addresses linked to Iran's Islamic Revolutionary Guard Corps (IRGC), Wu Blockchain reported. The assets in question are valued at approximately 131 million USDT. Most of the frozen funds were reportedly withdrawn from payment service provider DTC Pay and cryptocurrency exchange Bitso. The wallets were identified as being associated with the IRGC and Bank Markazi Jomhouri Islami Iran, also known as the Central Bank of Iran. Both institutions are under sanctions by the U.S. Office of Foreign Assets Control (OFAC).