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Tether blacklists 54M USDT across 5 wallets

Published date:

February 2, 2026

Tether blacklists 54M USDT across 5 wallets

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Stablecoin issuer Tether has frozen 54M USDT tokens as it faces ongoing legal issues.

$50M of USDT just blacklisted

Tether blacklisted 5 wallets containing a total of $54.1M USDT 2 hours ago.

Addresses below:https://t.co/qTERDlbW9T https://t.co/ANfJNT1twJ https://t.co/q6oba5PLYy https://t.co/YujAwbNT9q https://t.co/y0J0F4C27y pic.twitter.com/d8wMcYxs6i
— Arkham (@ArkhamIntel) May 17, 2024

Data from Arkham Intelligence revealed that Tether has blacklisted five unidentified wallets holding a combined 54.1M USDT. The most recent transaction, which took place two days ago, involved a wallet that had transferred most of its funds to other wallets over the past six months. This move is part of Tether’s ongoing efforts to combat illicit activities.

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It is worth noting that this is not the first time Tether has taken such an action. The company previously froze approximately 225M USDT in cooperation with OKX and the US Department of Justice (DOJ). Earlier this week, the stablecoin issuer also blocked 5.2M USDT associated with illicit activities.

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Ayush Pande

Written by:

Ayush Pande

Writer

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

Radica Maneva

Reviewed by:

Radica Maneva

Senior Editor

Radica is a Senior Editor at Bitcompare. She has worked for more than a decade at leading publications as an Editor across various industries, including crypto and finance.

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