Tether freezes $4.2B in USDT; $3.5B blocked since 2023

Tether has frozen roughly $4.2 billion in USDT tied to criminal investigations, with about $3.5 billion of that occurring since 2023. The company also worked with the U.S. Department of Justice this week to restrict nearly $61 million linked to pig-butchering scams. USDT's circulating supply now exceeds $180 billion.