Gate News reports that on March 11, the U.S. Attorney’s Office in Massachusetts filed a civil forfeiture lawsuit seeking to recover approximately 3,444,000 USDT (worth about $3.44 million). These assets are suspected to be proceeds from online investment fraud and money laundering schemes. The case involves at least four victims, including two residents of Massachusetts, one from Utah, and one from South Carolina. The scammers contacted victims through messages that appeared to be mis-sent via encrypted communication apps such as SMS, WhatsApp, or Telegram. They then lured victims into investing in Ethereum projects supposedly backed by physical gold. Victims were asked to purchase ETH and transfer it to an intermediary wallet controlled by the scammers. The scammers then converted the ETH to USDT and transferred the funds to non-custodial wallets to steal the money.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
