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Tether says it has frozen $4.2 billion of its stablecoin over crime links

Crypto & Finance · 2026-02-27T12:09:04.000Z

El Salvador-based stablecoin issuer Tether said it has frozen about $4.2 billion of its crypto tokens over links to "illicit activity", mostly in the past three years, as authorit…

El Salvador-based stablecoin issuer Tether said it has frozen about $4.2 billion of its crypto tokens over links to "illicit activity", mostly in the past three years, as authorities around the world try to crack down on crypto-related crime. Source: https://www.reuters.com/sustainability/boards-policy-regulation/tether-says-it-has-frozen-42-billion-its-stablecoin-over-crime-links-2026-02-27/