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Vosem
@vosem
Tether helps U.S. Department of Justice seize $6 million in assets linked to crypto fraud Stablecoin issuer Tether said it has worked with the U.S. Department of Justice to seize $6 million worth of digital assets stolen from victims of cryptocurrency fraud schemes. Tether has assisted law enforcement in multiple jurisdictions, blocking more than two billion dollars in USDT and recovering millions for victims. According to the stablecoin issuer, it has also redistributed funds to legitimate owners and blocked numerous wallets involved in illegal activities. Fighting the illegal use of cryptocurrency Recently, Tether, a stablecoin issuer, helped the U.S. Department of Justice (DOJ) seize $6 million in digital assets linked to cryptocurrency fraud schemes in Southeast Asia. The funds were stolen from individuals who were victims of fraudulent schemes that mimicked legitimate digital asset exchanges.
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