Everything that could be frozen is frozen: $2.75B (43%), almost all of it USDT and USDC blocked by Tether and Circle. The other ≈$3.16B sits in ETH, BTC and XRP, which nobody can freeze.

Laundering has only started: $434M of USDT went into ETH before the freeze, and ~$0.2B crossed bridges out of Tron. The $1.43B in BTC sits on 19 addresses and hasn't reached a single service yet.