Overview
- BlockSec, which updated its tracker Friday, counted about 370 to 371 blacklisted wallets holding roughly $514 to $515 million, with about $506 million on Tron.
- The issuer can halt tokens at the contract level, and BlockSec found only 3.6% of frozen addresses later regained access as about $698 million was burned through destroyBlackFunds.
- On-chain analyst ZachXBT linked about $38.4 million of the latest freezes to the failed DSJ Exchange and BG Wealth scheme after working with Tether, Binance, OKX, and U.S. law enforcement.
- In 2025, Tether blacklisted 4,163 Tron and Ethereum addresses that held about $1.26 billion, and the company later said it helped OFAC freeze roughly $344 million on Tron in one of its largest actions.
- Tron’s outsized totals reflect where most USDT now moves, which means users on that network face a higher chance of wallet freezes and exchanges are likely to keep tightening checks on inbound funds.