US seeks $61M in USDT allegedly tied to sanctioned Iranian oil sales
Tether froze $61.19 million across 10 Tron addresses in 2025 that prosecutors allege were connected to black-market Iranian oil proceeds.
The US Department of Justice (DOJ) is seeking to forfeit over $61 million in Tether's USDT stablecoin, alleging the funds were derived from black-market sales of sanctioned Iranian oil and intended for Iran's government and military, including the Islamic Revolutionary Guard Corps (IRGC). Ten Tron addresses, holding roughly $61.19 million in USDT, were frozen by Tether in 2025, according to prosecutors.
The US Treasury recently expanded its Iran sanctions framework to include the country's digital asset sector, allowing for the targeting of foreign entities involved in or supporting the sector.
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