The leading global stablecoin company, Tether, voluntarily froze approximately $225 million worth of USDT tokens held in external self-custody wallets.
The funds were linked to an international criminal syndicate involved in human trafficking and a global “pig butchering” scheme, the firm revealed in its press release from Monday, November 20.
“Pig butchering” is the type of scam in which the scammer slowly builds a relationship with a victim before using emotional manipulation to…