Tether Freezes Over $500 Million in USDT Linked to Turkey Gambling Syndicate

Tether, the issuer of the worlds largest stablecoin USDT, has frozen more than $500 million in digital assets connected to a major illegal gambling and money-laundering operation in Turkey. The action is being described as one of the largest single-asset freezes ever carried out in the cryptocurrency industry, underscoring the growing role of stablecoin issuers in global law enforcement efforts.

Source: tokenpost.com

Related symbols: STABLEUSD

2026-02-08 00:44:02 GMT.