U.S. Prosecutors to Return Seized USDT to Scam Victims

U.S. prosecutors are preparing to return approximately $470,000 in seized USDT to victims of a cryptocurrency investment scam. According to NS3.AI, this follows a federal court's approval of the forfeiture. The FBI tracked and seized around $477,000 in USDT, identifying it as criminal proceeds linked to money laundering activities. The scam, which took place in 2022, defrauded two victims of over $800,000.