Stablecoin Issuer Tether Has Helped Law Enforcement Recover More Than $108.8 Million USDT Linked to Illegal Activities

Tether remains resolute in its mission to support global law enforcement efforts in combating illicit uses of cryptocurrency

Stablecoin issuer Tether has helped over 145 law enforcement agencies recover more than $108.8 million in Tether (USDT) linked to illegal activities since its launch in 2014.

“Tether remains resolute in its mission to support global law enforcement efforts in combating illicit uses of cryptocurrency,” Tether CEO Paolo Ardoini wrote in an Aug. 23 statement.

Ardoini claimed that Tether is “fully dedicated” to continuing to collaborate with law enforcement to combat fraud.

Since its launch, Tether has “voluntarily blocked” over 1,900 cryptocurrency wallets worldwide that have been connected to illicit activity.

Tether's work with law enforcement

Most recently, Tether assisted the United States Department of Justice (DoJ) in seizing approximately $5 million USDT from scammers who tricked victims by posing as romantic interests before disappearing with their money, a scam known as “pig-butchering.”

Pig-butchering criminals typically meet their victims online and often spend a lot of time building trust with them to entice them to make larger investments.

Tether 解释说，扣押资金“标志着持续打击网络欺诈的斗争取得了重大胜利。”

还指出，调查包括 Tether 将联邦调查局 (FBI) 和美国服务局纳入其平台，“以实现调查中的协同作用。”

浪漫诈骗成为主要问题

Cointelegraph 于 2 月 23 日报道，2023 年，浪漫诈骗的收入同比增长了一倍多，数据显示自 2020 年以来增长了 85 倍。

相关：Tether 将 USDT 扩展到 Aptos 区块链以降低费用

Chainaanalysis 认为，由于平均付款规模，杀猪诈骗“对所有诈骗类型的受害者影响最严重”。

美国司法部在 8 月 22 日的声明中写道：“这些虚假投资平台展示了具有异常高额投资回报的虚构投资组合，旨在诱导受害者进行更多投资。”

司法部解释说，一旦获得资金，它们就会通过加密钱包转移，以“混淆这些欺诈收益的性质、来源、控制权和所有权。”

与此同时，3 月 12 日，Cointelegraph 报道称，Tether 协助司法部扣押了大约 140 万美元的 USDT，因为怀疑该笔资金是通过客户支持诈骗获得的欺诈收益。

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