Feb 25, 2026

$61M USDT Seized by US Authorities in Major Crypto Romance Scam Crackdown

TLDR: US agents seized over $61M in Tether linked to a large-scale crypto pig butchering romance scam. Scammers built fake romantic relationships to direct victims toward fraudulent crypto trading platforms. HSI agents traced stolen USDT through multiple wallets before recovering funds still held in them. Tether cooperated with federal authorities, assisting in the transfer of [...]

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Source: Blockonomi →