Posted 11/20/2023, 11:01:18 PM
Tether Freezes Over $200 Million in Crypto Linked to Alleged 'Pig Butchering' Romance Scam
- Tether freezes over $200 million in USDT related to alleged romance scam syndicate
- Funds frozen to assist Department of Justice investigation into "pig butchering" scams
- Scammers build relationships to convince victims to invest then disappear
- Tether collaborating with OKX exchange to freeze wallets tied to fraud
- All frozen funds were in self-custodied wallets, not Tether's possession