Tether froze assets worth about US$500 million that investigations linked to illegal online gambling and suspected money laundering, according to the report. The report says the company identified and blocked wallets in cooperation with authorities but does not specify the jurisdictions involved.
The freeze may affect access to funds linked to illegal online gambling and suspected money laundering.
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Brazil’s Ministry of Finance is expanding enforcement against illegal betting, including automated website blocking and planned measures to freeze operators’ assets. Ministry official Carlos Renato Resende told a Chamber of Deputies hearing that more than 60 illegal betting websites had been blocked and that blocking had been automated since October. The ministry is also working on rules concerning financial flows linked to unauthorized gambling, with publication expected this month.
Reportedly, Turkish authorities froze 6,314 bank accounts suspected of handling illegal betting flows during the World Cup final. Istanbul prosecutors coordinated the operation.
A federal judge in Morón, Buenos Aires province, reportedly ordered assets frozen in an investigation into suspected illegal online gambling. The assets include thousands of US dollars, millions of Argentine pesos and about 60 vehicles; authorities have charged and detained Roberto Javier Zuco, while the investigation continues.
South Korean police referred 118 people to prosecutors in an investigation into two alleged illegal gambling networks, the report said. Police attributed more than 123bn won in betting transactions to the two cases: one network allegedly operated from Vietnam and the other ran online betting and casino platforms between November 2022 and July 2025.
Reportedly, Saarland police lack equipment to analyse formerly legal gambling machines whose approvals have expired. The response lists 17 investigations into unauthorised gambling operations by 22 June 2026. A pilot project involves four municipalities to improve cooperation between police, tax investigators and administrative authorities.