Arkham Intelligence revealed that it identified crypto wallets linked to Iran’s central bank following Tether’s freeze of approximately $344 million in USDT.
According to reports, the freeze was tied to allegations involving sanctions evasion, with the wallets allegedly connected to financial activities associated with Iranian entities under international sanctions.
Published data shows that most of the frozen assets were held in USDT, highlighting the growing role of stablecoins in cross-border transfers and transactions involving restricted financial systems.
The development comes amid increasing global scrutiny over the use of digital assets in sanctions-related activities and illicit finance, as blockchain companies continue cooperating with regulators and security agencies to track suspicious wallets.
English