🚨 **Crypto News Flash!** 🚨
Tether has frozen a Tron (TRX) wallet containing over 28 million USDT tokens linked to suspected criminal activities, including money laundering and fraud. The wallet, identified as TNVaKW, is reportedly tied to the Cambodian company Huione Group.
- **Key Points:**
- Wallet blacklisted on July 12, 2024, with $28.25M USDT.
- Linked to Huione Group’s Guarantee business.
- Huione attempted to bypass the freeze by transferring $114,800 USDC to a new address.
Elliptic revealed Huione Guarantee's involvement in scams, including pig-butchering, with criminal transactions totaling $11B. Law enforcement is actively tracking these activities.
💬 **What are your thoughts on Tether's actions? Comment below!**