
Tether has blacklisted 371 addresses and frozen about $515 million worth of USDT on the Ethereum and Tron networks over the past 30 days, with most freezes on Tron reflecting its heavy use in emerging markets. This action is part of Tether's compliance efforts, often done at law enforcement requests to combat fraud and sanctions violations. The freeze capability highlights the tension between crypto's decentralization ideals and regulatory compliance. The surge in frozen funds suggests increased enforcement or internal compliance activity, especially given Tron's scrutiny for illicit fund flows.