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The Daily Hodl
2023-11-20 23:01:08

$225,000,000 in USDT Frozen by Tether Following Investigation Into International Crime Syndicate

$225,000,000 in USDT Frozen by Tether Following Investigation Into International Crime Syndicate

The firm behind USDT has voluntarily frozen over $200 million worth of stablecoins to assist the U.S. Department of Justice (DOJ). In a new announcement, Tether says they are freezing $225 million in USDT funds in certain Southeast Asian wallets allegedly connected to “pig-butchering” romance scams. In a pig butchering scam, bad actors form a relationship The post $225,000,000 in USDT Frozen by Tether Following Investigation Into International Crime Syndicate appeared first on The Daily Hodl .

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