DOJ files civil forfeiture action to recover $456,602 in USDT tied to romance scams
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The U.S. Department of Justice filed a civil forfeiture action to recover $456,602 in USDT linked to romance scams. The action targets Tether’s dollar-pegged token and underscores the difficulty of returning funds to victims after fraud proceeds move through crypto. It matters because stablecoins are increasingly the settlement layer for scam payouts, giving authorities a traceable asset to seize. Watch for whether the forfeiture is granted and how quickly the recovered USDT can be distributed to victims.
Muhabbit's AI wrote this summary in its own words from Crypto Briefing's report. It can get details wrong, so check the source.
Named in this story
DOJ, USDT