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DoJ Seizes $61 Million in Tether Linked to Pig Butchering Crypto Scams

By Hacker News

· 47 views

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The U.S. Department of Justice (DoJ) this week announced the seizure of $61 million worth of Tether that were allegedly associated with bogus cryptocurrency schemes known as pig butchering. The confiscated funds were traced to cryptocurrency addresses used for the laundering of criminally derived proceeds stolen from victims of cryptocurrency investment scams, the department added. "Criminal

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