DoJ seizure of $61 million Tether in pig butchering case
Law Enforcement
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The U.S. Department of Justice seized $61 million in Tether tied to pig butchering cybercrime, cutting into wallets used to launder stolen cryptocurrency investment proceeds. Investigators said the funds were traced to crypto addresses used to conceal criminally derived proceeds from victims. The case also underscores how scammers move money through many wallets to hide its source and ownership.
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27.02.2026 20:11 2 articles · 2mo ago
DoJ announces $61 million Tether seizure tied to pig butchering scams
Legal Policy Action UpdateThe U.S. Department of Justice announced the seizure of $61 million in Tether tied to pig butchering cryptocurrency scams, saying the confiscated funds were traced to cryptocurrency addresses used to launder criminally derived proceeds stolen from victims of cryptocurrency investment scams.
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- DoJ Seizes $61 Million in Tether Linked to Pig Butchering Crypto Scams — thehackernews.com — 27.02.2026 20:11
- DoJ Seizes $61 Million in Tether Linked to Pig Butchering Crypto Scams — thehackernews.com — 27.02.2026 20:11