Wu said that he learned that stablecoin issuer Tether assisted the U.S. Department of Justice in freezing more than 6 million USDT in a Southeast Asian project that defrauded individuals by imitating legitimate platforms. In the past 12 months, Tether has assisted U.S. law enforcement agencies in handling multiple cases, including the seizure of nearly 9 million USDT and nearly 5 million USDT to combat the "pig-killing" business.