{"id":32759,"date":"2025-06-19T22:01:47","date_gmt":"2025-06-19T22:01:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=32759"},"modified":"2025-06-19T22:01:47","modified_gmt":"2025-06-19T22:01:47","slug":"tether-assists-doj-in-225m-stablecoin-seizure-linked-to-pig-butchering-scam","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=32759","title":{"rendered":"Tether Assists DOJ in $225M Stablecoin Seizure Linked to \u2018Pig Butchering\u2019 Scam"},"content":{"rendered":"
\n

Tether, the issuer of the world\u2019s largest stablecoin, has been commended by the U.S. Department of Justice (DOJ) for assisting in a major enforcement operation. The collaboration led to the seizure of approximately $225 million in USDT tied to a global \u201cpig butchering\u201d scam, a large-scale fraud scheme that used sophisticated crypto tactics to deceive victims.<\/p>\n

With Tether\u2019s support, the funds were frozen through blockchain tracing tools that helped restrict access to the illicit assets. The company worked closely with law enforcement throughout the operation, highlighting growing cooperation between crypto firms and authorities in combating digital asset-related crimes.<\/p>\n

Tether\u2019s $2.7B USDT Crackdown<\/h2>\n

Tether stated<\/a> that the seizure aligns with its mission to promote compliance, transparency, and safety in the digital asset space. The company noted it has already frozen over $2.7 billion in USDT linked to suspicious activity. These efforts are supported by real-time blockchain monitoring tools and partnerships with more than 255 enforcement agencies across over 55 countries.<\/p>\n

As part of these efforts, the stablecoin issuer has taken action in several high-profile cases. In March 2025, it assisted the U.S. Secret Service in freezing $23 million in USDT tied to the sanctioned Russian exchange Garantex. It also partnered with TRM Labs, the Tron blockchain, and Spanish authorities to disrupt over $100 million in illicit funds.<\/p>\n

Commenting on these initiatives, CEO Paolo Ardoino emphasized Tether\u2019s commitment to protecting users and maintaining regulatory standards. He added that working with the DOJ highlights the company\u2019s proactive role in preventing the misuse of stablecoins and promoting transparency in the crypto sector.<\/p>\n

Tether Supports GENIUS Act Compliance Push<\/h2>\n

As the most widely used U.S. dollar-pegged stablecoin, Tether has long been at the center of regulatory debates. In response, the company has strengthened its compliance efforts, especially as the U.S. advances the GENIUS Act<\/a>.<\/p>\n

Recently approved by Congress, the legislation requires all dollar-based stablecoin issuers to implement systems capable of freezing funds linked to illegal activity. Tether<\/a> has expressed its readiness to comply, calling the measure a key step toward ensuring the long-term security and credibility of stablecoins.<\/p>\n

The post Tether Assists DOJ in $225M Stablecoin Seizure Linked to \u2018Pig Butchering\u2019 Scam<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Tether, the issuer of the world\u2019s largest stablecoin, has been commended by the U.S. Department of Justice (DOJ) for assisting in a major enforcement operation. The collaboration led to the seizure of approximately $225 million in USDT tied to a global \u201cpig butchering\u201d scam, a large-scale fraud scheme that used sophisticated crypto tactics to deceive […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-32759","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32759"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32759\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}