Biggest crypto bust yet! – DOJ seizes $225M, 400 victims affected

• DOJ seized $225.3 million in crypto (USDT) linked to large-scale crypto investment scams.
• Tether collaborates with authorities to combat fraud and ensure token integrity.

In a significant move to combat crypto-related fraud, U.S. federal authorities have seized $225.3 million worth of Tether’s USDT linked to widespread cryptocurrency investment scams.

According to a complaint filed by the U.S. Department of Justice in the District (DOJ), Columbia, the seized funds were stored in crypto wallets linked to a sophisticated blockchain-based money laundering network.

This network was tied to investment scams, where fraudsters gained victims’ trust online—often through dating apps or social media—before leading them