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DoJ seizure of $61 million Tether in pig butchering case

Law Enforcement
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H score 36
1 unique sources, 1 articles

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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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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.

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