Tether has announced the freezing of more than 344 million USDT across two addresses, in coordination with the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) and U.S. law enforcement. This action was taken based on information provided by U.S. authorities regarding activities involving illegal conduct. Tether emphasized its zero-tolerance policy towards the illegal use of financial products and affirmed its long-standing adherence to OFAC's Specially Designated Nationals (SDN) list guidelines. The move underscores Tether's commitment to regulatory compliance and combating illicit activities in the cryptocurrency space.