Tether assists the Royal Thai Police and the US Secret Service in tracking and seizing 12 million USDT from an international fraud network
Foresight News reported that Tether announced its assistance to the Royal Thai Police and the United States Secret Service in tracking and seizing 12 million USDT (worth approximately 400 million Thai baht) from a transnational scam network. This operation was carried out by the Technology Crime Suppression Division (TCSD) under Thailand's Ministry of Digital Economy and Society, as part of a broader campaign against online fraud and money laundering. According to the Royal Thai Police, authorities arrested 73 suspects, including 51 Thai nationals and 22 foreign nationals, and seized assets worth over 522 million Thai baht.
To date, Tether has assisted law enforcement in freezing over 3,660 wallets, including 2,100 cases in cooperation with US law enforcement agencies.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Strategy, Metaplanet lose MSCI index membership in November reshuffle

Elon Musk speaks out again: It would be my honor to hire Jensen Huang
On November 12 local time, the well-known financial commentary account ZeroHedge posted on social platform X, calling out to Musk: "Elon please hire Jensen." Musk immediately responded: "That would be an honor."
5 Days of Bitcoin ETF Outflows, Brought to You Mostly by BlackRock


