coin-img-ETHETH+0.74%coin-img-BTCBTC+0.08%coin-img-SOLSOL+1.70%coin-img-XRPXRP-1.44%coin-img-DOGEDOGE-2.25%coin-img-USDCUSDC+0.02%coin-img-UCNUCN-32.65%coin-img-ADAADA-0.38%coin-img-ETHETH+0.74%coin-img-BTCBTC+0.08%coin-img-SOLSOL+1.70%coin-img-XRPXRP-1.44%coin-img-DOGEDOGE-2.25%coin-img-USDCUSDC+0.02%coin-img-UCNUCN-32.65%coin-img-ADAADA-0.38%coin-img-ETHETH+0.74%coin-img-BTCBTC+0.08%coin-img-SOLSOL+1.70%coin-img-XRPXRP-1.44%coin-img-DOGEDOGE-2.25%coin-img-USDCUSDC+0.02%coin-img-UCNUCN-32.65%coin-img-ADAADA-0.38%coin-img-ETHETH+0.74%coin-img-BTCBTC+0.08%coin-img-SOLSOL+1.70%coin-img-XRPXRP-1.44%coin-img-DOGEDOGE-2.25%coin-img-USDCUSDC+0.02%coin-img-UCNUCN-32.65%coin-img-ADAADA-0.38%
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Liam Zhang

Tether Blocks $1 Billion in USDT Linked to Iran's IRGC via UK Crypto Exchanges on 2 July 2025

On July 2, 2025, Tether Ltd. carried out its largest sanctions-related freeze, blocking 42 cryptocurrency addresses tied to Iran's Islamic Revolutionary Guard Corps and about $1 billion in flows primarily in USDT on Tron through UK-registered exchanges Zedcex and Zedxion. The action, identified and detailed by TRM Labs, is prompting closer scrutiny of sanctions-evasion risks, while USDT continues trading near its $0.999 peg with a market cap of 186,712,276,063 and a sharply lower trading volume.
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