PANews, November 27 - The United States Attorney's Office for the Northern District of Ohio has filed a civil forfeiture lawsuit for 947,883 USDT. According to court documents, this cryptocurrency fraud case occurred in October 2023, where a resident of Elyria, Ohio, received a pop-up on their computer requesting them to call to resolve a technical issue. The scammer claimed that the victim's retirement account had been compromised and that funds were being transferred to casinos in China, Russia, and Las Vegas. After the scammer remotely accessed the victim's computer, the victim's life savings of $425,000 were transferred to multiple cryptocurrency accounts.
Through blockchain analysis, law enforcement executed a federal seizure warrant on July 31, 2024, successfully recovering 947,883 USDT and transferring it to a virtual currency wallet controlled by law enforcement. The USAO filed the forfeiture lawsuit on November 26, 2024, and if successful, these funds will be used to compensate the victims. The FBI's Cleveland division is currently actively investigating similar cases and has expressed gratitude for Tether's assistance in this matter. The USAO reminds the public that if they discover fraud involving the elderly, they can call the National Elder Fraud Hotline at 1-833-FRAUD-11 or visit the FBI's IC3 Elder Fraud Complaint Center to report it.