US government seeks to confiscate 200000 USDT related to Ohio Bitcoin fraud case

According to BlockBeats, on October 5th, the US government is taking legal action to confiscate 200000 USDT related to a major cryptocurrency fraud case. These funds were converted from stolen Bitcoin and may soon be returned to the victims in Ohio after confiscation trials. Investigators used blockchain technology to track these illegal funds, resulting in their freezing and eventual confiscation by the federal government. This case highlights the increasing use of cryptocurrencies in financial crimes. The Northern District Prosecutor's Office in Ohio announced on Friday that the United States has filed a civil confiscation lawsuit requesting the confiscation of 200000 USDT. This operation originated from an incident in February 2024, when $340000 worth of Bitcoin was fraudulently transferred from the wallets of victims in Ohio. （(Bitcoin.com)）