Tether Helps Authorities Arrest 73 Suspects, Seizes $12M in Crypto

Published at 2025-11-13 20:54:41

Tether announced on Nov. 13, 2025 that it aided authorities in identifying and freezing approximately $12 million worth of crypto assets linked to a transnational scam network, a contribution that helped result in the arrest of 73 suspects. The company said the seized funds involved transactions using its USDT stablecoin and that the operation was carried out in coordination with multiple jurisdictions and investigative agencies.

The development underscores growing cooperation between major crypto firms and law enforcement as regulators press for stronger anti-money-laundering controls. For Tether, the action reinforces its public compliance stance and may influence ongoing regulatory dialogues; for the industry, it signals heightened risk for illicit actors relying on stablecoins. Prosecutors will now move forward with legal proceedings, while further operational and jurisdictional details remain limited.

Share on:

Related news

Ripple pours $150M into LMAX to boost RLUSD stablecoin for institutions

Ripple is investing $150 million in LMAX to integrate its $1.4 billion RLUSD stablecoin directly into LMAX’s exchange infrastructure, targeting institutional trading and settlement. The move aims to expand on‑chain dollar rails for banks, brokers and asset managers.

Published at 2026-01-15 15:30:24
Miami Real Estate Record Shattered by $14M USDT Deal

A Miami property sale broke the city’s crypto real estate record after closing a $14 million transaction settled in USDT, facilitated by tokenization specialist Propy. The deal involved developers Ciprés and the Rilea Group.

Published at 2026-01-15 14:15:21
SWIFT Tests MiCA-Compliant Euro Stablecoin for Tokenized Bond Payments

SWIFT ran interoperability tests with Societe Generale-Forge’s EUR CoinVertible, claimed to be the first MiCA-compliant digital asset natively compatible with SWIFT’s framework. The trial focused on using the euro stablecoin for tokenized bond payment flows, signaling progress toward bank-grade rails for digital assets.

Published at 2026-01-15 14:00:13
BVNK to Enable Stablecoin Payments via Visa Direct

BVNK has partnered with Visa to provide stablecoin infrastructure for Visa Direct pilot programs, enabling pre-funded stablecoin payouts to recipients' wallets in select approved markets. The partnership was announced 14 January in San Francisco and taps Visa’s $1.7 trillion money-movement network.

Published at 2026-01-15 10:45:08
Visa, BVNK team up to offer instant stablecoin payouts to digital wallets

Visa has partnered with crypto bank BVNK to enable companies to send stablecoin payouts instantly to digital wallets, including outside regular banking hours. The feature targets faster payroll, vendor and cross-border transfers by removing reliance on traditional settlement windows.

Published at 2026-01-14 08:15:20