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U.S. Seizes $61M in Tether in North Carolina Crackdown on ‘Pig Butchering’ Romance-Investment Scam

Wed, 25 Feb 2026 11:18:51 GMT
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U.S. authorities in North Carolina confiscated more than $61 million in Tether (USDT) tied to pig butchering romance-investment schemes, demonstrating their ability to trace and freeze stablecoin transfers used to launder proceeds from sham online trading platforms amid a rise in AI-driven impersonation schemes.