🤣🚀 Welcome to the world of DeFi and Web 3! The U.S. Department of Justice has seized $9 million worth of Tether [USDT] linked to a fraud scheme called “hog slaughter.” This shows how fun the crypto world is! 🐷💸
🕵️♂️ The US Secret Service tracked the victims' deposits and found money laundered through various cryptocurrencies. This is a technique called "chain jumping". 🧐🔗
🥶 Tether froze $225 million worth of stablecoin on Monday. This was achieved through collaboration between the Department of Justice, crypto exchange OKX and Tether. Pig slaughter scams involve luring victims with romantic scams, and victims are often asked to send cryptocurrency overseas. 🐖❤️
🚨 The Ministry of Justice stated that this incident should be a warning to criminals in the crypto world. While cryptocurrencies may seem like an ideal way to make ill-gotten gains, authorities will have the necessary knowledge and skills to track down the money and recover it for victims. 🚔💪
👇 Share your thoughts in the comments and let's discuss what's happening in this fun world of crypto! 😄🎉