Find notable cyber news and cases, enriched with sources, timelines, and signals.
Home Watchlists Beta Browse News Feed Stats About Contact

DoJ seizure of $61 million Tether in pig butchering case

Law Enforcement
First reported
Last updated
Happening score
H score 36
1 unique sources, 1 articles

Summary

Hide ▲

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.

Related Happenings

Treasury sanctions Prince Group-linked entities and FinCEN designates H-Pay Service

Regulatory/Legal Action
H score17 First: 24.06.2026 11:55 Last: 24.06.2026 11:55 Sources 1

About this happening: The **U.S. Treasury** imposed fresh sanctions on **nine individuals** and **26 entities** linked to **Prince Group**, while **FinCEN** designated **H-Pay Service PLC** as a **prim...

Open Happening

FBI PSA on courier cash pickups in crypto scams

Public Sector Action
H score26 First: 15.06.2026 18:30 Last: 15.06.2026 18:30 Sources 1

About this happening: The **FBI** published a **public service announcement** warning that scammers in **cryptocurrency investment fraud** are now using **couriers** to collect cash after suspicious tr...

Open Happening

Owe Martin Andresen money-laundering indictment and Germany arrest

Law Enforcement
H score26 First: 14.05.2026 11:55 Last: 14.05.2026 11:55 Sources 1

About this happening: **U.S. prosecutors indicted** alleged Dream Market administrator **Owe Martin Andresen** and **German authorities arrested** him on related money-laundering charges, escalating a...

Open Happening

Dubai Police international crypto scam-center crackdown

Law Enforcement
H score36 First: 30.04.2026 14:21 Last: 30.04.2026 14:21 Sources 1

About this happening: Authorities **arrested at least 276 suspects** and **shut down nine cryptocurrency investment fraud centers**, disrupting a cross-border fraud network tied to **pig-butchering sch...

Open Happening

OFAC sanctions Cambodian crypto-fraud network

Regulatory/Legal Action
H score36 First: 27.04.2026 18:00 Last: 27.04.2026 18:00 Sources 1

About this happening: US sanctions now target **Senator Kok An** and **29 individuals and organizations** tied to alleged **crypto-fraud**, blocking **US-based assets** and restricting transactions wit...

Open Happening

Timeline

  1. 27.02.2026 20:11 2 articles · 4mo ago

    DoJ announces $61 million Tether seizure tied to pig butchering scams

    Legal Policy Action Update

    The 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.

    Show sources
    Open in new tab