Tether’s 371 Wallets: $515M FROZEN in 30 Days!

Oh, how the mighty Tether have thawed-er, frozen-$515 million in USDT across Ethereum and Tron in a mere 30 days, according to BlockSec’s USDT Freeze Tracker. A masterclass in financial ice hockey, if you will.

Summary

  • Tether blacklisted 371 Ethereum and Tron addresses, freezing about $515 million in USDT over 30 days. A veritable frostbitten carnival.
  • Tron, ever the show-off, accounted for 329 addresses and $506 million in blocked USDT. A chilly triumph.
  • ZachXBT, our favorite on-chain detective, linked $38.4 million in frozen USDT to the collapsed DSJ and BG Wealth scheme. A tale of greed and glacial retribution.

The data showed 371 blacklisted addresses as of May 7, 2026, with 329 on Tron and 42 on Ethereum. A curious case of crypto cold feet.

Tron, the undisputed star of this icy spectacle, saw $506 million frozen, while Ethereum shivered with $8.73 million. BlockSec’s tracker, a diligent snowplow, monitors USDT freeze, unfreeze, and destroy events on Ethereum and Tron using on-chain sources. A noble endeavor, if slightly frostbitten.

Tron Leads the Latest Blacklist Wave

Tron, ever the drama queen, continues to dominate the USDT enforcement stage. Its network, a bustling hub for transfers and high-value wallet movements, is now a veritable iceberg of compliance. A true “ice-olation” party.

BlockSec’s earlier 2025 report revealed Tether’s penchant for blacklisting 4,163 addresses last year, locking $1.26 billion in USDT. A chilling reminder that even stablecoins have their icy side.

DSJ and BG Case Adds Fresh Context

The freeze data arrives as ZachXBT, our intrepid on-chain sleuth, reports action tied to the DSJ Exchange and BG Wealth Sharing case. A Ponzi scheme so audacious, it could only have been funded by a combination of hubris and frozen USDT.

ZachXBT claims illicit actors moved $92 million across chains between April 27 and May 3, working with Tether, Binance Security, OKX, and U.S. law enforcement. A collaboration as frosty as a January morning.

Wider Enforcement Wave Puts USDT Freezes in Focus

As previously reported, Tether froze $344 million in USDT across two Tron addresses after U.S. authorities linked them to Iran’s IRGC. A geopolitical frostbite, if you will.

A later report noted U.S. seizures tied to Iranian crypto assets nearing $500 million. A number that outshines the earlier $344 million freeze. A true “ice-credible” achievement.

Tether, ever the diligent host, claims to work with 340+ law enforcement agencies. In an April statement, the company declared its ability to restrict assets when wallets are linked to sanctions evasion or criminal networks. A chilling reminder that even digital cash has its limits.

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2026-05-08 11:01