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Tether Assists U.S. Department of Justice in Seizing Over $6 Million in Alleged Proceeds Linked to Crypto-Confidence Scheme

Tether, the largest company in the digital asset industry, has announced that it assisted the U.S. Department of Justice (DOJ) in seizing over $6 million in assets linked to a crypto-confidence scheme in Southeast Asia. Tether has a history of working with law enforcement to combat fraud and protect individuals in the cryptocurrency ecosystem. In the past year alone, Tether has helped seize millions of dollars in illicit funds and has blocked over 1,850 wallets connected to illicit activity. The company is committed to transparency and accountability within the cryptocurrency space and is dedicated to collaborating with government agencies to bring global criminals to justice and support victims.

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