Data: Tether froze approximately 12 million USDT in a certain address

According to Whale Alert monitoring, 11,960,680 USDT held by a Tron chain address has just been frozen by the issuer Tether.

Tether implements the USDT freezing mechanism through the blacklist function built into its smart contract. After the administrator calls the addBlackList function to add a specific address to the blacklist, all USDT transfers in and out of that address become invalid; the balance remains visible but is permanently locked. This is usually triggered by law enforcement requirements related to money laundering, fraud, or sanctions. Tether has frozen over 4.2 billion USDT in total over the past few years, most of which occurred after 2023.