Overview
- The company reports roughly $4.2 billion in tokens frozen over suspected illicit links, with about $3.5 billion locked since 2023.
- U.S. prosecutors this week seized about $61 million in USDT tied to so‑called pig‑butchering investment schemes, following on‑chain tracing of fraud proceeds.
- USDT in circulation now tops an estimated $180 billion, up from around $70 billion three years ago, expanding the scale of assets subject to freezes.
- Tether cites recent cooperation with U.S. and international authorities, including actions involving the DOJ, U.S. Secret Service, Brazilian officials, OKX, and the Royal Thai Police.
- Global pressure for stricter controls is rising, with the FATF urging tougher measures and researchers estimating at least $82 billion in crypto received by money launderers last year.