"Impersonating Trump Associate"... FBI Seizes $40,000 Worth of Cryptocurrency

Source
JOON HYOUNG LEE

Summary

  • The FBI announced that it had seized $40,000 worth of cryptocurrency from a criminal organization that impersonated the inauguration committee of President Trump and Vice President J.D. Vance.
  • The organization illegally acquired $40,300 worth of Tether (USDT), and the FBI stated that all of it has been recovered.
  • The United States Department of Justice expressed gratitude to Tether for its cooperation in the recovery of illegal assets.

The Federal Bureau of Investigation (FBI) has seized about $40,000 worth of cryptocurrency from a crime organization that impersonated an associate of Donald Trump, President of the United States.

The United States Attorney's Office announced on the 3rd (local time) that it is prosecuting a criminal group for impersonating the inauguration committee of President Trump and Vice President J.D. Vance. The organization illicitly acquired $40,300 worth of Tether (USDT) through this impersonation. The FBI has already tracked and fully recovered these funds.

Tether is known to have provided support to U.S. authorities in tracking the illicit funds. The United States Department of Justice stated, "We express our gratitude to Tether for assisting in the (illegal) asset recovery."

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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