Crypto Scams of the Week: Tether (USDT) Phishing & Fake …
WEBJun 10, 2022 · Tether (USDT) Phishing Scam. Tether is the largest of all the stablecoins, which are specific cryptocurrencies pegged to fiat money or other exchange-traded commodities, in theory making them much less risky investments. Tether is …
U.S. prosecutors call huge crypto fraud seizure a "game changer"
WEBDec 7, 2023 · In a "game-changer" move against online fraud, issuers of the cryptocurrency Tether have frozen $225 million worth of alleged fraud proceeds from hundreds of victims, the biggest ever seizure...
Crypto Money Laundering: Tether Stablecoin Becoming ... - Forbes
WEBJan 15, 2024 · Tether, one of the world’s most traded cryptocurrencies, has become a key tool for criminals, money launderers and scammers, according to a United Nations report published Monday, amid...
Tether crypto token increasingly favoured by money launderers, …
WEBJan 15, 2024 · According to a report published on Monday by the UN’s office on drugs and crime, Tether’s crypto token, also known as tether, is at the heart of an exploding industry of scams, including...
Tether's Opaque Operations Raise $118 Billion, FTX-Like Concerns …
WEB1 day ago · Tether’s Opaque Operations Raise $118 Billion, FTX-Like Concerns On The Rise. Justin Bons claims Tether is a $118 billion scam, raising concerns similar to those surrounding FTX, due to its lack of transparency and absence of third-party audits. With over a decade of crypto coverage, Cryptonews delivers authoritative insights you can rely on.
The Tether controversy, explained - The Verge
WEBAug 16, 2021 · Tether declined to comment on why money moves between Bitfinex accounts and Tether accounts. The settlement agreement, by the way, bars Tether from doing business with anyone in New York.
DOJ Seizes $9M Worth of USDT Tied to 'Pig Butchering' Scams - CoinDesk
WEBNov 21, 2023 · The U.S. Department of Justice (DOJ) said it seized $9 million worth of the tether stablecoin linked to an organization that exploited victims through a "pig butchering" scam.
FBI says cryptocurrency scams involving tether and USD coin ... - CBS News
WEBFeb 3, 2023 · The Denver Division of the Federal Bureau of Investigation warns the public of cryptocurrency scams on the rise with many falling victim to huge financial losses.
DOJ reportedly probes crypto company Tether for possible bank …
WEBJul 26, 2021 · The Justice Department is investigating possible bank fraud by executives of Tether Ltd. stemming from actions during the early days of its stablecoin cryptocurrency, according to Bloomberg News....
‘Pig-butchering’ crypto scams nab over $75B: Study | Fortune
WEBFeb 29, 2024 · One Kansas banker was charged this month with embezzling $47.1 million from his bank as part of a pig-butchering scam. The people sending the messages are often themselves victims of human...