According to TechFlow, Tether announced on September 27 that it assisted the U.S. Department of Justice in successfully seizing more than $6 million in assets related to a Southeast Asian cryptocurrency fraud scheme. Tether froze these assets to help the Department of Justice quickly recover the funds.
In the past 12 months, Tether has assisted US law enforcement agencies on many occasions, including seizing nearly $9 million and $5 million in USDT to combat "pig killing" operations, and $1.4 million in USDT to dismantle a technical support fraud network. Tether has so far assisted more than 180 law enforcement agencies in 45 jurisdictions, frozen more than $1.8 billion in USDT, returned more than $128 million in USDT to legitimate owners and law enforcement agencies, and proactively frozen more than 1,850 wallets related to illegal activities.