[Tether Claims to Have Frozen Approximately $4.2 Billion in USDT Linked to Illegal Funds, Including $61 Million Related to 'Pig-Butchering' Scams This Week] According to Reuters, Tether stated that it has cumulatively frozen approximately $4.2 billion USDT due to 'connections to illegal activities,' of which about $3.5 billion occurred since the beginning of 2023. This week, it assisted the U.S. Department of Justice in freezing nearly $61 million USDT related to 'pig-butchering' scams. Tether claims it can remotely freeze USDT in user wallets at the request of law enforcement agencies.