US DOJ Seizes $225M in Crypto from Investment Scammers
The U.S. Department of Justice has seized $225.3 million in USDT linked to large-scale crypto investment scams involving a sophisticated money laundering network, marking the largest civil forfeiture of digital assets in U.S. history. Tether collaborated with authorities to combat fraud, and the seized funds will be used to compensate over 400 victims. The case highlights increasing crypto scams and efforts to improve compliance and security in digital assets.