Justice Department Seizes Millions in USDT from Crypto Scammers

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Giovedì

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Federal prosecutors are seizing over $12 million in Tether linked to a sophisticated crypto scam that lured victims into fake trading platforms. Discover how scammers posing as a legitimate exchange, ShakepayEX, stole millions from unsuspecting investors through convincing texts and blocked withdrawals. Learn how the Justice Department is using civil forfeiture to recover stolen crypto and return funds to victims, marking a growing trend in combating crypto fraud and protecting investors. Hosted on Acast. See acast.com/privacy for more information.

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