North Carolina federal prosecutors have seized over 61 million USDT related to a cryptocurrency scam network called “Fattening and then Meat.” Authorities said they tracked the stolen funds through a complex network of crypto wallets used to launder money from victims worldwide.
This scam typically begins with fake romantic relationships to build trust, then persuades victims to invest in fake crypto trading platforms with fabricated profits. When attempting to withdraw funds, victims are blocked or asked to pay additional fake fees. Investigators confirmed that the remaining balance qualifies for seizure. Officials emphasized this is part of a broader effort to eliminate illegal profits and deter online scams that exploit digital assets and online trust.
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