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Yearly freeze report

2020

246 wallets frozen

Wallets frozen
246

7 in 2019

Still frozen
$14.50M

held in 119 wallets, as last read

Destroyed · released
107 · 7

$22.35M destroyed in 2020

In 2020, Tether and Circle froze 246 wallets: 232 USDT on Ethereum, 13 USDT on TRON and 1 USDC on Ethereum.

The busiest month was October, with 126 wallets frozen. In 2019 it was 7.

The wallets frozen in 2020 that are still frozen hold $14.50M as last read. Tether destroyed the balances of 107 frozen wallets ($22.35M) and 7 were released during 2020.

Month by month

Wallets frozen per calendar month, UTC.

January 2020 — 2 wallets frozen Jan February 2020 — 6 wallets frozen Feb March 2020 — 2 wallets frozen Mar April 2020 — 4 wallets frozen Apr May 2020 — 7 wallets frozen May June 2020 — 5 wallets frozen Jun July 2020 — 4 wallets frozen Jul August 2020 — 26 wallets frozen Aug September 2020 — 34 wallets frozen Sep October 2020 — 126 wallets frozen Oct November 2020 — 19 wallets frozen Nov December 2020 — 11 wallets frozen Dec peak 126 wallets / month

By issuer and chain

CoinWallets2019Still locked
USDT · Ethereum 232 7 $14.25M
USDT · TRON 13 — $155.7K
USDC · Ethereum 1 — $100.0K

Tap a coin to see every freeze of it in the live tracker.

Largest freezes of 2020

A frozen wallet at the balance it holds, as read from the contract; a destroyed one at what Tether's DestroyedBlackFunds event recorded. Tap a wallet to check it, or the date for the proof.

WalletChainAmountFrozen
TR7NHqjeKQxGTCi8q8ZY4pL8otSzgjLj6t TRON USDT $21.36M destroyed 26 Jun
0xeB31973E0FeBF3e3D7058234a5eBbAe1aB4B8c23 Ethereum USDT $19.78M destroyed 26 Sep
TM9797VRM66LyKXq2TbxP1sNmuQWBrsnYw TRON USDT $7.00M destroyed 15 Sep
0x83B379AFAF9A0553f4Dd41f1358D6A95Dcb0E814 Ethereum USDT $5.06M destroyed 30 Dec
0x5C27CC68Fe01a3994807B60a6c81D8ba638b4bA1 Ethereum USDT $4.57M destroyed 05 Apr
0xf26fA4F2aCa8B607755e8620c7163Be8E4A73A27 Ethereum USDT $3.41M destroyed 04 Nov
0xBE6afbf9a85a65b3c3a77f9E7f4006da11CC82c3 Ethereum USDT $1.80M destroyed 08 Aug
0xe0ee037B54e94bd837A476faDf111C9aEE82abaD Ethereum USDT $1.58M destroyed 10 Jul
0x96Bd030B35732B9cb971655ED762635E3E753f94 Ethereum USDT $1.52M destroyed 08 Aug
0xC0302dc505906e967c333FE31B470A8B76D90602 Ethereum USDT $1.32M destroyed 08 Aug

Early freezes, 2017–2019

Tether's first recorded freeze was on 28 Nov 2017. Before 2020 there were 16, all listed here, oldest first. 7 entries are not wallets — the zero address, placeholder addresses or a token contract — and are marked as such. Tap a wallet to check it, or the date for the freeze transaction.

WalletChainAmountFrozen
0x9faf5515f177F3A8a845D48C19032b33Cc54C09C Ethereum USDT not known 28 Nov 2017
0x008fe40574e881E7247b50b991c0Cc057D66647F Ethereum USDT $467.90 destroyed 09 Jun 2018
0x0000000000000000000000000000000000000000 the zero address Ethereum USDT $26.00M destroyed 28 Dec 2018
0x0000000000000000000000000000000000000018 a placeholder address, not a wallet Ethereum USDT $13.0K destroyed 28 Dec 2018
0x0000000000000000000000000000000000000019 a placeholder address, not a wallet Ethereum USDT $1.8K destroyed 28 Dec 2018
0x000000000000000000000000000000000000001a a placeholder address, not a wallet Ethereum USDT $3.6K destroyed 28 Dec 2018
0x00000000000000000000000000000000000018fE a placeholder address, not a wallet Ethereum USDT $3.8K destroyed 28 Dec 2018
0x00000000000000000000000000000000000001f2 a placeholder address, not a wallet Ethereum USDT $152.50 destroyed 28 Dec 2018
0xdAC17F958D2ee523a2206206994597C13D831ec7 the USDT contract itself Ethereum USDT $39.01M destroyed 28 Dec 2018
0x8faff11FDE21191E7fD50806DcbcDD49265D51a0 Ethereum USDT $4.8K destroyed 21 Jan 2019
0xBDaf3E422D2cfa10F34c59F7151dd31499A426b5 Ethereum USDT $1.67M destroyed 06 Sep 2019
0xDa66146Ec41690Ed8392869b0238Dae5774F2314 Ethereum USDT $14.1K destroyed 26 Sep 2019
0xf192F9Cd28AA0e268EeD28078a432Dd4aBfE8269 Ethereum USDT $19.6K destroyed 01 Nov 2019
0x0763fa09Cc7D60e734C670D327d11B3A8a3f7776 Ethereum USDT $1.50 destroyed 01 Nov 2019
0x20D99ca2c88B20E34f5d7F7e5fDC61C9181C6732 Ethereum USDT $301.92 destroyed 01 Nov 2019
0xB7944bFE170986fD6230b4c18bC7072Cb485686e Ethereum USDT $250.0K destroyed 01 Nov 2019

Every year

Wallets frozen per calendar year since the first freeze in November 2017. Years before 2020 had only a handful of freezes each; their rows open the early freezes, listed on the 2020 page.

YearWalletsUSDT · TRONUSDT · EthereumUSDC · EthereumDestroyedReleased
2026 4,692 3,731529432 535 886
2025 4,332 3,506657169 695 477
2024 2,030 1,22375453 279 89
2023 766 27043759 99 25
2022 686 310250126 422 16
2021 353 2130824 198 31
2020 246 132321 107 7
2019 7 —7— 6 0
2018 8 —8— 5 0
2017 1 —1— 0 1

How this is counted

  • A freeze is a wallet blacklisted on the Tether (USDT) or Circle (USDC) contract during the year, counted once per wallet and coin: a wallet frozen by both Tether and Circle is two freezes, one under each issuer. A freeze re-issued on a wallet that was already frozen is not counted again; a wallet released and frozen again is.
  • A wallet whose freeze Tether re-issued within the year is counted here once, in the month of the later freeze. The daily and monthly reports count a re-issued freeze on neither day, so a month's own report can show a few wallets fewer than its bar here.
  • “Still frozen” is the balance each wallet holds today, read from the token contract. A frozen wallet keeps its balance but cannot move it. Wallets not yet read are left out of the total, never estimated.
  • “Destroyed” and “released” count what happened during the year, to wallets frozen in any year.
  • Our record of Tether's freeze proposals begins on 1 May 2026, so this page carries no warning figures.

Citing these figures

Counted from on-chain events on the Tether and Circle contracts, TRON and Ethereum, 2020, UTC. Please cite as “OmniTrace, 2020 USDT & USDC freeze report, omnitraceapp.com/reports/2020”.

Generated 30 October 2026, 02:03 UTC.