The U.S. government is taking legal action to seize 200,000 tether (USDT), worth $200,000, linked to a major cryptocurrency fraud. The funds, converted from stolen bitcoin, could soon be returned to the Ohio victim after a forfeiture trial. Investigators used blockchain technology to track the illicit funds, leading to their freeze and eventual federal seizure. […]
Source: https://news.bitcoin.com/us-government-seeks-forfeiture-of-200000-usdt-tied-to-bitcoin-theft-in-ohio/