Tether Freezes $29.62M USDT Addresses Linked to Cambodian Huione Group
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Tether, a leading stablecoin issuer, has frozen a TRON wallet containing $29.62 million USDT tokens. The wallet, identified as TNVaKW, is suspected of being connected to criminal activities and cryptocurrency money laundering associated with the Cambodian Huione Group. This move was announced on July 13, highlighting Tether's ongoing efforts to combat illicit activities in the crypto space. The announcement was made through a dedicated handle on X, which broadcasts banned addresses. Bitrace, known for its compliance and investigative tools, also figures in this incident.
Source: coinedition.com ↗
