Hong Kong tokenized court notices sent to USDT wallets

In Hong Kong, courts have been granted the right to issue tokenized court notices and send them to wallets with USDT, whose anonymous owners have been identified in illegal activities.

In particular, this mechanism was applied to two wallets on the Tron blockchain — legal injunctions were directed at them, requiring the freezing of their assets. The wallets held a total of 2.65 million USDT, obtained from victims of online scams.

In one of the wallets containing 1 million USDT, a token named 2-Jan25-Notice (LDT2JAN25) can be seen, which embeds a message with the text of the court notice.

The court ruling states that upon receiving the notification, all transactions from such wallets will be treated as a criminal offense. In the event of a transfer of funds to exchanges, they will be required to freeze them.

Analysts believe that such a practice will allow judicial authorities to effectively influence illegal cryptocurrency operations even without precise identification of end users. In their opinion, Hong Kong's initiative could become an important precedent for global practices in the regulation of cryptocurrencies.