US authorities are seeking $61 million in Tether’s USDT that prosecutors allege was connected to proceeds from black-market Iranian oil sales, according to Cointelegraph. The funds were held across 10 addresses on the Tron blockchain. Tether froze $61.19 million associated with those addresses in 2025. The action places the stablecoin and Tron at the center of a US case involving allegedly sanctioned Iranian oil proceeds. The source report does not provide further details about the legal process or identify the owners of the addresses. The case highlights the use of blockchain-based assets in investigations involving alleged sanctions-linked transactions, while the allegations remain attributed to prosecutors. USDT is issued by Tether, and the addresses involved were on Tron, the network associated with the TRX token.
Source
Cointelegraph
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