Tether collaborates with FBI to recover $1.4 million in scam targeting seniors

Oluwapelumi Adejumo

Stablecoin issuer Tether collaborated with the US Department of Justice and the Federal Bureau of Investigation (FBI) to seize $1.4 million USDT associated with a tech support scam network, according to a Mar. 12 statement. The fraudulent scheme targeted vulnerable elderly individuals through deceptive pop-up advertisements. These misleading ads falsely alerted victims to compromised devices, […]

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Tether collaborates with FBI to recover $1.4 million in scam targeting seniors