The United States seized $9 million in USDT related to "pig butchering" scams.
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According to ME News, on June 17 (UTC+8), the US government seized nearly $9 million in USDT, stating that the funds could be traced back to an organized fraud network. The US Department of Justice stated that this operation targeted a scam commonly known as a "pig butchering" scam, in which the group gains the victim's trust by establishing fake romantic or personal relationships and then inducing the victim to transfer money with fabricated cryptocurrency investment returns. (Source: ME)
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