US DOJ Seeks to Seize 61 Million USDT Linked to Iranian Oil Money Laundering

The U.S. Department of Justice has filed a civil forfeiture complaint to seize over 61.19 million USDT, alleging the funds are proceeds from Iranian oil black market transactions used to finance the Iranian government and the Islamic Revolutionary Guard Corps. The DOJ claims two Hong Kong-based companies, Blessed Trust and Hexa Whale, utilized Binance accounts to facilitate these transactions. Tether has already frozen the 10 involved Tron addresses in 2025, and Binance is cooperating with the investigation without facing charges. The FBI is expected to take control of the assets once a forfeiture order is granted.