An interesting event took place in the USA these days when crypto currency fraud incidents increased.
According to the news of Forbes, the Drug Enforcement Administration (DAE) affiliated with the US Department of Justice became the victim of fraudsters.
Accordingly, the DAE lost more than $50,000 of the digital money it seized from its investigations to fraudsters.
In May, the DEA seized more than 500,000 USDT from two Binance accounts it suspects were used to transfer illegal narcotics proceeds.
The funds were placed in secure accounts controlled by the DEA. DAE then sent 45.36 USDT to the US Police Service for testing purposes.
However, this transfer got caught by the fraudsters, and the fraudster created a wallet address similar to the address of the US Police Service, making this address of DAE mistaken to belong to the Police Service.
Afterwards, DAE mistook this account for the US Police Department and sent 55,000 USDT at once.
Realizing its mistake, DAE requested an asset freeze from Tether, but Tether said the funds were transferred.
While the FBI is currently investigating to find the scammers, the stolen funds were found to have been converted to Bitcoin (BTC) and Ethereum (ETH).
*Not investment advice.
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Source: https://en.bitcoinsistemi.com/cryptocurrency-scams-defrauded-the-us-department-of-justice-this-time/