- Cryptocurrency firm Tether has frozen $225 million worth of customer funds over allegations of human trafficking.
- The company, which controls a stablecoin pinned to the U.S. dollar, took the action after it was reported that the funds were linked to a human trafficking syndicate in Southeast Asia.
- The U.S. Department of Justice (DOJ) and the U.S. Secret Service launched an investigation into a human trafficking group.
- Crypto firm Tether said on Monday that it had frozen $225 million worth of its cryptocurrency which it said had been linked to a human trafficking group in Southeast Asia.
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Crypto Firm Tether Freezes $225M In Alleged ‘Pig Butchering Romance Scam’
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