November 22, 2024

US Government Seeks Forfeiture of 200,000 USDT Tied to Bitcoin Theft in Ohio

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The U.S. government is taking legal action to seize 200,000 tether (USDT), worth $200,000, linked to a major cryptocurrency fraud. The funds, converted from stolen bitcoin, could soon be returned to the Ohio victim after a forfeiture trial. Investigators used blockchain technology to track the illicit funds, leading to their freeze and eventual federal seizure. […]

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