- The victims are demanding the return of 344,149,759 USDT frozen in two wallets. Tron.
- The funds were blocked due to their links to the IRGC and Iranian authorities.
Against the company Tether filed action to the Manhattan Federal Court demanding the return of the frozen 344,149,759 USDT. Editorial Happy Coin News Reportedthat these funds were blocked at two addresses Tron after US authorities linked them to networks of the Islamic Revolutionary Guard Corps (IRGC) and the Central Bank of Iran.
On According to According to TRM Labs, since March 2021, these two wallets have received approximately $370 million in 1,000 transactions. After the end of 2023, most of the funds remained idle, which experts believe indicates backup storage rather than active use.
The plaintiffs, who are the owners of these funds, demand that Tether Clear the blocked balances and transfer the same amount in USDT to the wallet specified by the lawyers.
Tether is obliged to transfer any property of the debtor subject to collection that it can transfer, it is stated in document.
As a reminder, the stablecoin issuer can block addresses and halt the movement of funds in response to sanctions or law enforcement orders. It has been actively exploiting this practice recently. Over the past 30 days, the company Tether froze More than $514 million in USDT across 370 addresses.
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