Tether assists the US Department of Justice in freezing over $6 million in assets of a fraudulent project in Southeast Asia

Golden Finance reported that, according to official sources, Tether has announced that it has assisted the US Department of Justice in freezing over 6 million dollars of assets from a fraudulent project in Southeast Asia. The project deceived users by imitating legitimate platforms. Tether froze the related assets and helped the US Department of Justice quickly recover the funds. The US Attorney’s Office in Washington, D.C. publicly acknowledged Tether’s assistance. Tether stated that it has so far assisted over 180 law enforcement agencies in 45 jurisdictions to freeze over 1.8 billion USDT and redistribute over 128 million USDT to legitimate owners and law enforcement agencies. It also voluntarily froze over 1,850 Wallets associated with illegal activities.