Tether, the world’s largest stablecoin issuer, froze $225 million worth of its dollar-pegged USDT tokens connected to a global “pig butchering” romance scam, the company announced on Monday.
The freeze marks the largest in the company’s history, and applied to otherwise “external self-custodied wallets.”
- The action followed a joint investigation with crypto exchange OKX done in collaboration with the U.S. Department of Justice (DOJ), and leveraged tools provided…