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Two Tron Wallets Frozen With More Than $344 Million in USDT

Two Tron Wallets Frozen With More Than $344 Million in USDT

According to Treasury Secretary Scott Bessent, the wallet freezes were part of Operation Economic Fury targeting Iran’s Islamic Revolutionary Guard Corps, with Tether executing sanctions-linked action on more than $344 million in USDT.

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Fact Check
The claim is strongly supported by two primary Whale Alert transaction pages and two Whale Alert X posts. The Whale Alert transaction page at https://whale-alert.io/transaction/tron/ebe670f1518f67077d28ec4b54dd0d236a5f1edfa90651524aeb42a21e6975fe documents a freeze of 212,922,653 USDT on Tron at 2026-04-23T12:02:36Z. The Whale Alert transaction page at https://whale-alert.io/transaction/tron/295cd606150289dc18d9e0e4d9503adb9d1b10bde9c314158f9cfa7c9928b09a documents a freeze of 131,288,800 USDT on Tron a little over two minutes later. The corresponding Whale Alert X posts, Whale Alert X post 2047285302750789971 and Whale Alert X post 2047285587095232969, independently announce each freeze. Together they support the substance of the claim that two Tron wallets/addresses were frozen holding more than $344 million in USDT. The only minor issue is the article wording of 'about one minute apart'; the primary timestamps indicate roughly two minutes apart, but this does not materially undermine the core claim.
Summary

Treasury Secretary Scott Bessent said on April 24 that the U.S. government sanctioned multiple crypto wallets linked to Iran’s Islamic Revolutionary Guard Corps as part of Operation Economic Fury, with Tether carrying out the freeze of more than $344 million in USDT. The topic had already centered on two Tron wallets frozen at the request of U.S. authorities and in coordination with the Treasury’s Office of Foreign Assets Control. The new report materially strengthens the attribution by directly tying the action to a named U.S. sanctions campaign and linking the wallets to the IRGC through Bessent’s announcement.

Terms & Concepts
  • USDT: A U.S. dollar-pegged stablecoin issued by Tether, designed to maintain a relatively stable value for trading, transfers, and settlement.
  • OFAC: The U.S. Treasury’s Office of Foreign Assets Control, which administers and enforces economic and trade sanctions.