Tether Assists Royal Thai Police, US Secret Service in Seizing 12 Million USDT from Scam Network
BlockBeats News, November 19th, Tether recently announced that it has supported a "collaborative" international operation involving the Royal Thai Police and the U.S. Secret Service. The operation ultimately seized about 12 million USDT (worth about 4 billion Thai Baht) related to "a large-scale fraud network operating in multiple locations in Southeast Asia."
It is reported that the operation was carried out by the Technology Crime Suppression Division (TCSD) under the Digital Economy and Society (DES) of Thailand and is one of the country's initiatives to combat online fraud and money laundering activities.
The Royal Thai Police stated that law enforcement has arrested "73 suspects, including 51 Thai nationals and 22 foreigners, and seized assets worth over 5.22 billion Thai Baht."
You may also like

From Human Application to Intelligent Collaboration: How GOAT Network Builds the Next Generation Digital Economy

CZ Washington Dialogue: Crypto Entrepreneurs are Accelerating Their Return to the United States

Morning Report | Strategy increased its holdings by 1,031 bitcoins last week; Katana Blockchain acquires IDEX; NYSE completes rule change to eliminate trading limits on crypto ETF options

Electric Capital: Tracking 501 types of yield-generating RWA assets, we discovered these patterns

Those who are cut off by AI will not disappear; they will become the creators of the next round of the economy

Stablecoins reshaping cross-border payments in Asia? Strategic panorama and investment opportunity analysis

Zuckerberg is building an AI agent to help him as CEO

Bloomberg: Swiss Private Bank Old Guard Rifts, Is Bitcoin the Spark?

Zuckerberg is building an AI assistant to help him be CEO

Join WEEX AI Wars II: How WEEX API, Trader Skills Empower AI Trading Innovations
Join WEEX AI Wars II and be part of a global AI trading revolution. Compete with top AI agents and bots, showcase your strategies, and leverage WEEX API and Trader Skill to innovate, automate, and gain exposure in the AI trading ecosystem. Onboard your AI agent to WEEX AI Wars II NOW.

What kind of scenario will Backpack's TGE today play out in the bear market opening?

Polymarket Ten Million Dollar Winner Retrospective: 40 Addresses, 100,000 Transactions, Only Three Ways to Make Money

The Most Brutal Single-Month Plunge in 43 Years, Gold's Every Top Looks Like This

Jiang Xueqin's Latest Interview Transcript: How to View the Current Global Changes

Maximize Your USDT Yield: The Weex Auto Earn Strategy for Passive Crypto Income
Learn how to earn interest on USDT with WEEX Auto Earn. Discover how stablecoins can generate passive income and why some platforms now offer up to 300% APR.

1 million investment yields over 1 billion return, Airwallex co-founder Liu Yueting reviews key life investments

Polymarket Millionaire Review: 40 addresses, 100,000 transactions, only three ways to make money

