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08/12 20:41

Tether Aids $225M Seizure in US Secret Service’s L

Tether Aids $225M Seizure in US Secret Service’s Largest Crypto Bust Ever

The U.S. Secret Service shattered records with a $225 million crypto seizure, spotlighting Tether’s role in dismantling global digital asset fraud at scale.
US Secret Service Achieves Largest $225M Crypto Bust With Tether’s Support
Digital asset firm Tether announced on June 18 that the United States Department of Justice (DOJ) has recognized its cooperation in a significant enforcement operation involving the seizure of approximately $225 million in  USDT. The funds were tied to a large-scale “pig butchering” fraud scheme that targeted victims across various jurisdictions. The acknowledgment highlights Tether’s growing role in combating illicit activity within the digital asset space.
In its continued efforts to set industry standards in compliance, transparency, and crime prevention, Tether stated:
To date, Tether has frozen.

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