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Have you ever thought about whether selling U will freeze your bank card, and can USDT also be frozen on the blockchain? The answer is yes.
According to the latest data from Whale Alert, on January 11th, Tether directly took action against five wallet addresses on the Tron blockchain, freezing a total of 182 million USDT in one go. This happened on the same day, involving wallets ranging from 12 million to 50 million dollars. Such large-scale multi-wallet restrictions in a single day are not common on the Tron chain.
There is actually a background behind this — Tether officially launched a wallet freezing policy in December 2023, mainly to comply with the Specially Designated Nationals list requirements from the U.S. Department of the Treasury’s Office of Foreign Assets Control. In other words, they are acting according to regulations, managing high-risk addresses in a compliant manner.
This incident is quite interesting; on one hand, it demonstrates the centralized nature of stablecoins — the issuer indeed has the ability to freeze on-chain assets; on the other hand, it also reflects that under compliance pressure, Tether is strengthening its risk control measures. Users holding large amounts of USDT should pay attention to such policy developments.