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coinpedia 2023-11-21 15:28:11

Justice Department Announces Seizure of $9 Million in Tether

The post Justice Department Announces Seizure of $9 Million in Tether appeared first on Coinpedia Fintech News The Justice Department announced the seizure of $9 million worth of Tether. The organization behind the seized funds allegedly exploited over 70 victims through romance scams and cryptocurrency confidence scams, also known as “pig butchering.” The criminal actors behind the scams used money laundering techniques, such as “chain hopping,” to launder the victim’s deposits and …

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