Tether says it helped freeze $550M in Iran-linked USDT
Tether says it supported the freezing of nearly $550 million in Iran-linked USDT in 2026 as the U.S. expands its sanctions campaign, working with more than 340 law enforcement agencies across 67 countries. The statement adds a major issuer-side data point to Washington's escalating enforcement against Iranian crypto flows.
- The Treasury earlier widened its Iran crackdown to sweep in crypto, gold, shipping and technology, saying Ivan Obukhov processed over $100 million in crypto for IRGC-QF oil sales since 2023.
- Federal prosecutors separately filed a civil forfeiture complaint seeking $61 million in Iran's crypto-laundered black-market oil proceeds, alleging two Chinese firms laundered the funds through Binance accounts for the IRGC.
Sources
- LATEST: Tether says it has supported the freezing of nearly $550 million in Iran-linked $USDT in 2026 as the U.S. expands its sanctions campaign. The company says it works with more than 340 law enforcement agencies across 67 countries. https://t.co/B0oERwU6gSx.com ↗
- LATEST: Tether says it has supported the freezing of nearly $550 million in Iran-linked $USDT in 2026 as the U.S. expands its sanctions campaign. The company says it works with more than 340 law enforcement agencies across 67 countries. https://t.co/z9YGDztVGTx.com ↗
- LATEST: Tether says it has supported the freezing of nearly $550 million in Iran-linked $USDT in 2026 as the U.S. expands its sanctions campaign. The company says it works with more than 340 law enforcement agencies across 67 countries. https://t.co/YxNzs8Pnn6x.com ↗
- LATEST: Tether says it has supported the freezing of nearly $550 million in Iran-linked $USDT in 2026 as the U.S. expands its sanctions campaign. The company says it works with more than 340 law enforcement agencies across 67 countries. https://t.co/hYUpBkoR69x.com ↗
- JUST IN: The DOJ seeks forfeiture of $61M in crypto linked to Iran's black-market oil sales, with two Chinese firms allegedly laundering proceeds through Binance accounts on behalf of the IRGC. https://t.co/dE9ugjYwfCx.com ↗
- U.S. DOJ seeks $61 million in what it calls Iran's crypto-laundered black market oil salescoindesk.com ↗
- U.S. widens Iran crackdown to encompass crypto, gold, shipping and technologycoindesk.com ↗
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