11 September. Tether says the U.S. Justice Department thanked it for help. In one day, more than $52 million in crypto tied to Xinbi Guarantee was frozen. Per the DOJ, Xinbi is a Telegram market linking scammers with vendors of laundering, fake sites and recruitment. Two wallets were seized, about $12 million. Forty-seven more were targeted.

The U.S. Treasury listed Xinbi as a transnational criminal organization, Chainalysis writes. The United Kingdom had already sanctioned it in March. Tether can freeze USDT: that is the lever police used. This is not a verdict on every USDT holder; it is a freeze. We had already described that key power.

What 11 September holds

  • Held. Tether release, 11 September. DOJ thanks. More than $52 million frozen, about $12 million seized. Xinbi listed by OFAC.
  • Not held. That the case is closed. Advice to hold or sell USDT.

Sources: Tether, 11 September 2026, Chainalysis. Nothing here is advice.