Tether assists the FBI and US DOJ in recovering $1.4 million in pilfered money.

According to the U.S. Attorney’s Office, this is one of the first occasions that USDT has been recovered by the country from an unhosted digital currency wallet.
The Chicago, Illinois, office of the United States Attorney declared the seizure of almost $1.4 million in Tether USDT.

$1.00 tickers down

March 12. The money appeared to be the proceeds of a customer support scam scheme.

The Federal Bureau of Investigation (FBI) and the Department of Justice (DOJ) spearheaded the recovery efforts. Tether helped with the operation, according to the U.S. Attorney’s Office.

As per a Tether press release:

“We take great pride in working together with the US authorities to fight financial fraud in the bitcoin ecosystem. The $1.4 million worth of Tether (USDT) that was seized represents a major accomplishment in our continuous efforts to maintain integrity in this quickly changing sector. Our dedication to protecting users and eliminating illegal