Tether Freezes TRON and Monero Wallets Following OFAC ISIS-K Sanctions
Tether Freezes TRON and Monero Wallets Following OFAC ISIS-K Sanctions
Stablecoin issuer Tether has frozen 131 TRON wallets and 3 Monero wallets identified by the US Treasury's Office of Foreign Assets Control (OFAC) as part of its updated ISIS-Khorasan (ISIS-K) sanctions list. This action, implemented on July 1, aims to counter illicit financial activities linked to the designated group and highlights ongoing efforts by crypto entities to comply with international regulations.
Stablecoin issuer Tether froze funds held in all 131 TRON wallets sanctioned by the US Treasury’s Office of Foreign Assets Control (OFAC) on July 1 as part of its updated ISIS-Khorasan (ISIS-K) designation. The action adds 134 cryptocurrency addresses as identifiers for the group, 131 on TRON (TRX) and 3 on Monero (XMR).