DOJ Moves to Seize $200K in Tether From Tinder Crypto Scam
The Justice Department is hoping to claw back funds raised through an alleged cryptocurrency investment fraud in which the schemer impersonated a financial advisor and lured his victim through a dating app.
The Massachusetts U.S. Attorney’s Office filed the civil forfeiture action this week to recover 200,000.039646 USDT (Tether), valued at about $200,000.
According to the DOJ and court documents, the fraud was a “pig butchering” scheme, defined as scammers building trust with victims through online communications before luring them to invest in a nefarious cryptocurrency scheme. Often, victims will make multiple investments before realizing they’re being scammed.
According to an affidavit by FBI Special Agent Hannah Wong…
