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Yearly freeze report

2022

686 wallets frozen

Wallets frozen
686

353 in 2021

Still frozen
$35.89M

held in 138 wallets, as last read

Destroyed · released
422 · 16

$34.79M destroyed in 2022

In 2022, Tether and Circle froze 686 wallets: 310 USDT on TRON, 250 USDT on Ethereum and 126 USDC on Ethereum.

The busiest month was October, with 284 wallets frozen. In 2021 it was 353.

The wallets frozen in 2022 that are still frozen hold $35.89M as last read. Tether destroyed the balances of 422 frozen wallets ($34.79M) and 16 were released during 2022.

Month by month

Wallets frozen per calendar month, UTC.

January 2022 — 32 wallets frozen Jan February 2022 — 1 wallets frozen Feb March 2022 — 45 wallets frozen Mar April 2022 — 18 wallets frozen Apr May 2022 — 16 wallets frozen May June 2022 — 60 wallets frozen Jun July 2022 — 21 wallets frozen Jul August 2022 — 72 wallets frozen Aug September 2022 — 12 wallets frozen Sep October 2022 — 284 wallets frozen Oct November 2022 — 80 wallets frozen Nov December 2022 — 45 wallets frozen Dec peak 284 wallets / month

By issuer and chain

CoinWallets2021Still locked
USDT · TRON 310 21 $11.84M
USDT · Ethereum 250 308 $21.05M
USDC · Ethereum 126 24 $3.00M

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

Largest freezes of 2022

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
0xEB9478d602166D3dD9A29C7C45b1287c16EA10cc Ethereum USDT $8.65M destroyed 26 Aug
0x489A8756C18C0b8B24EC2a2b9FF3D4d447F79BEc Ethereum USDT $4.78M 06 Oct
0xa9a466E28A593F0dcdE9074eF8c319643D4D402C Ethereum USDT $4.34M 18 Apr
0x6c3ce666A5B030e82d08881216D4AAc582604F3f Ethereum USDT $3.40M destroyed 10 Oct
0x51d5C14C7c90C41b4c49dAF0FF9dEf851cd2a25d Ethereum USDT $3.05M destroyed 05 Mar
TRdnF8wvK1rFHnhuQYjTkDPu9v3b6ib96a TRON USDT $3.01M destroyed 22 Dec
0xe0Fe2b4C9F7D58A05B4A16B71ef8AFB42557aEF2 Ethereum USDT $2.90M destroyed 10 Oct
TFuaonhivsvKmzEDvZw9UgYtracc32LRLS TRON USDT $2.80M 19 Jan
0x489A8756C18C0b8B24EC2a2b9FF3D4d447F79BEc Ethereum USDC $2.71M 07 Oct
0x6529cFfdFBCDB1eDaBc46FD4e9ED35909f98C4A7 Ethereum USDT $2.53M 18 Aug

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, 2022, UTC. Please cite as “OmniTrace, 2022 USDT & USDC freeze report, omnitraceapp.com/reports/2022”.

Generated 30 October 2026, 02:03 UTC.