English>

Market News

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

FEBRUARY 27, 2026

PARIS, Feb 27 (Reuters) - 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.
The world's largest stablecoin company, which has more than $180 billion of its dollar-pegged token in circulation, up from around $70 billion three years ago, is able to remotely freeze its tokens held in users' crypto wallets when asked to do so by law enforcement.

SEE HOW MUCH YOU GET IF YOU SELL

NGN
This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services
Real Time Analytics