June 19, 2025

Justice Dept. Files to Seize Record $225 Million Tied to ‘Pig Butchering’ Crypto Scams

Feds on Wednesday said that they have filed to seize $225.3 million worth of Tether’s USDT stablecoin in the largest such forfeiture related to “pig butchering” crypto scams, or confidence scams.The U.S. Department of Justice said that following an …

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