Tether has frozen $39 MILLION in USDT linked to an illegal Telegram escrow ring.The freeze targeted 10 TRON wallets tied to Xinbi Guarantee, with one wallet holding more than $10 MILLION.
This follows Tether’s earlier crackdown on Huione Guarantee, another illicit Telegram marketplace.
Tether has now frozen more than $4.2 BILLION in USDT linked to illicit activity since 2022.
