Tag Archives: Galen Phillips

Tether Cyber Scam ~$9M in Crypto Seized by DOJ

The US Justice Department (DOJ) today announced the seizure of ~$9 million worth of Tether, a cryptocurrency pegged to the US dollar. These seized funds were traced to cryptocurrency addresses allegedly associated with an organization that exploited more than 70 victims through romance scams and cryptocurrency confidence scams, widely known as “pig butchering.” Continue reading

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