US Prosecutors Seek Forfeiture of 110,270 USDT Linked to Text-Message Scam
JH Kim
Summary
- U.S. prosecutors are seeking forfeiture of 110,270 USDT suspected of being linked to a text-message scam.
- The digital assets are believed to be tied to a fraud case involving access to a Massachusetts victim's Coinbase account.
- Prosecutors are pursuing forfeiture proceedings involving 110,270 Tether (USDT) believed to be connected to the case.
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U.S. prosecutors are seeking forfeiture of 110,270 USDT suspected of being linked to a text-message scam.
Crypto news outlet Cointelegraph reported on September 28 that the digital assets are believed to be tied to a fraud case in which scammers accessed a Massachusetts victim's Coinbase account.
Prosecutors believe the scammers used text messages to trick the victim and gain access to the Coinbase account.
They are now pursuing forfeiture proceedings involving 110,270 Tether tokens, or USDT, believed to be connected to the case.
JH Kim
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