The announced crypto freeze came just one day after Tether said it had frozen $344 million of its USDt stablecoin in response to a request from US law enforcement.

The US President has confirmed his attendance for the Florida event, but it's unclear whether Tron founder Justin Sun, suing the Trump family's crypto business, will appear.

After reporting more than $1.7 million to election officials, a crypto-aligned political action committee has reportedly backed out of advertising for a Texas Senate candidate.