According to TechFlow, the U.S. Attorney's Office for the Eastern District of North Carolina announced the seizure of nearly $5 million worth of USDT in a money laundering case involving a "pig killing" cryptocurrency investment fraud.

Prosecutor Michael Easley said they are working hard to recover the victims' lost funds. In this case, criminals lured victims into investing through fake romantic relationships and fake trading platforms. The FBI successfully tracked and seized some of the funds.