TechFlow news: On September 27, Tether announced it assisted the U.S. Department of Justice in seizing over $6 million in assets linked to a Southeast Asian cryptocurrency scam operation. Tether froze these assets, enabling the Department of Justice to swiftly recover the funds.
Over the past 12 months, Tether has repeatedly supported U.S. law enforcement agencies, including the seizure of nearly $9 million and $5 million worth of USDT to combat "pig-butchering" schemes, and $1.4 million worth of USDT to dismantle tech-support fraud networks. To date, Tether has assisted more than 180 law enforcement agencies across 45 jurisdictions in freezing over $1.8 billion worth of USDT, returned over $128 million worth of USDT to rightful owners and authorities, and proactively frozen over 1,850 wallets associated with illicit activities.
