PANews reported on February 7th, citing Cointelegraph, that Tether, at the request of Turkish regulators, has frozen over $544 million in crypto assets linked toPANews reported on February 7th, citing Cointelegraph, that Tether, at the request of Turkish regulators, has frozen over $544 million in crypto assets linked to

Tether cooperated with Turkish regulators to freeze over $544 million in crypto assets.

2026/02/07 20:53
1 min read
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PANews reported on February 7th, citing Cointelegraph, that Tether, at the request of Turkish regulators, has frozen over $544 million in crypto assets linked to a suspected illegal online gambling and money laundering network. Tether CEO Paolo Ardoino stated that the company took legal action after receiving information from law enforcement, and that this cooperation is part of Tether's global compliance efforts, having previously cooperated with agencies such as the US Department of Justice and the FBI. Data from analytics firm Elliptic shows that as of the end of 2025, Tether and Circle have blacklisted approximately 5,700 wallets, freezing a total of about $2.5 billion, of which about two-thirds are USDT.

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