Tether seized $5 million USDT from fraud, highlighting efforts to combat illicit activity

From Cointelegraph

August 23, 2024 9:40:40 pm:

Tether celebrates the seizure of $5 million USDT from pig-butchering scams as a major win in combating cyber fraud.

The operation was carried out by the U.S. Department of Justice and represents a significant step forward in the battle against financial crimes.

Tether emphasizes the importance of collaboration between law enforcement agencies and crypto companies in stopping cryptocurrency-related scams.

Read more at Cointelegraph: Tether has ‘redistributed’ $108.8M in USDT from illicit activity since 2014