Odaily Planet Daily News: The U.S. Attorney's Office for the Eastern District of North Carolina publicly commended the stablecoin issuer Tether for its assistance in recovering funds related to a major fraud scheme. Tether helped the Department of Justice transfer $5 billion in seized assets stolen through a cryptocurrency investment scam known as "pig butchering." Court documents show that criminals lured victims of the scam by pretending to be romantic partners to win their trust. After that, the scammers introduced fake crypto trading plans to unsuspecting victims, promising huge returns through platforms similar to legitimate crypto trading platforms. The prosecutor's office pointed out that after the scammers tried to confuse the transactions, FBI agents, with the help of Tether, tracked the victims' funds entering and flowing through various crypto wallets. (CoinEdition)