Coinbase Teams with US Secret Service for Massive $225M USDT Seizure in ...

Incautan $225 millones en estafa relacionada con criptomonedas

Incautan $225 millones en estafa relacionada con criptomonedas

Coinbase Helps Feds Freeze $225M in Crypto Tied to Major Scam

Coinbase said it played a pivotal role in a major U.S. law enforcement operation that resulted in the seizure of approximately $225 million in crypto stolen from “pig butchering” scams. The U.S. Secret Service, FBI, and U.S. Attorney’s Office filed an order last week to seize the funds, which were mostly in the form of Tether-issued USDT. Coinbase’s compliance and security teams collaborated with federal agents to trace the illicit funds on the …

Coinbase Teams with US Secret Service for Massive $225M USDT Seizure in ...

Coinbase Assists U.S. Secret Service in Seizing $225,000,000 in Crypto Tied to 2023 Pig Butchering Scam - The Daily Hodl

The American crypto exchange Coinbase helped law enforcement authorities seize millions worth of digital assets that were stolen through pig butchering scams. Beginning in 2023, the stablecoin issuer Tether froze 39 wallets with $225 million in USDT that were tied to pig butchering scams – deceptive schemes in which bad actors typically initiate fake romantic or business relationships with victims to financially exploit them. The U.S. Secret Ser…

Coinbase says it played a “key role” in the US Secret Service's seizure of $225M linked to crypto investment scams, and Tether burned the $225M in frozen USDT

Stephen Katte / Cointelegraph: Coinbase says it played a “key role” in the US Secret Service's seizure of $225M linked to crypto investment scams, and Tether burned the $225M in frozen USDT  —  Coinbase says it helped the US Secret Service seize $225 million in crypto allegedly stolen by scammers, the largest crypto seizure in the agency's history.