Citing BitcoinWorld, Thai and U.S. law enforcement agencies have seized $12 million in USDT as part of a coordinated operation to dismantle a Southeast Asian cryptocurrency fraud network. The Royal Thai Police and U.S. Secret Service worked together to target a cross-border network exploiting digital assets for illegal activities. Tether provided technical support to the operation, which highlights improved tracking capabilities, international cooperation, and stronger regulatory frameworks in the crypto space.
Thailand and US Authorities Seize $12M in USDT in Major Fraud Crackdown
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