Tether Freezes $500 Million in Assets Linked to Turkish Gambling

Tether Freezes $500 Million in Assets Linked to Turkish Gambling Ring Oluwapelumi Adejumo February 8, 2026 2 min read In this article: USDT-USD Tether, the issuer of the world’s most widely traded stablecoin, has frozen more than $500 million in digital assets. The funds are linked to a massive illegal gambling and money-laundering syndicate in Turkey. Tether Marks One of Crypto’s Largest Crackdowns The freeze target.