KEY TAKEAWAYS
- Tether collaborates with the RCMP to recover 460,000 USDT linked to an investment fraud scheme in Ontario.
- The RCMP’s successful seizure of USDT was facilitated by Tether’s cooperation, highlighting the company’s role in global enforcement actions.
- Tether has frozen over $3.2 billion in USDT connected to illicit activities, showcasing its commitment to financial integrity.
- Timely intervention is crucial in cryptocurrency investigations to increase the chances of asset recovery.
On September 15, 2025, Tether, a leading entity in the digital assets sector, announced its collaboration with the Royal Canadian Mounted Police (RCMP) in recovering approximately 460,000 USDT. This amount was linked to a sophisticated investment fraud scheme targeting a resident in Ontario.
The RCMP’s Federal Policing Criminal Operations Virtual Assets team executed a Special Warrant for Digital Assets on July 3, seizing the USDT, valued at around $640,000 CAD, as proceeds of crime. The RCMP credited Tether’s cooperation as a decisive factor in the successful seizure, as announced here.
Tether’s Role in Global Enforcement Actions
Tether’s ability to swiftly freeze illicit funds has made it a trusted ally for law enforcement agencies worldwide. Paolo Ardoino, CEO of Tether, stated, “We are proud to have assisted the RCMP in this case and remain committed to safeguarding the integrity of the global financial system.”
In the past year, Tether has been recognized by the U.S. Department of Justice for supporting a $225 million enforcement action. The company also cooperated with the U.S. Secret Service to freeze $23 million tied to the sanctioned exchange Garantex and helped seize $9 million linked to the Bybit hack.
Importance of Timely Intervention in Cryptocurrency Investigations
Sergeant Ryan Berry of the RCMP Federal Policing Criminal Operations emphasized the importance of timing in cases of stolen cryptocurrency. “Given the speed at which cryptocurrency assets can be transferred, the sooner investigators begin following the transactions, the higher the likelihood of interdiction and seizure during the money laundering process,” he noted.
Tether’s voluntary assistance was instrumental in the seizure and recovery of the funds. To date, Tether has frozen and blocked over $3.2 billion in USDT connected to illicit activity. This has been achieved through real-time tracking, advanced analytics, and collaboration with more than 290 law enforcement agencies across 59 countries.
In the last 12 months alone, Tether has voluntarily collaborated with law enforcement officials to block 3,660 wallets, 2,100 of which were in coordination with U.S. agencies.
Why This Matters: Impact, Industry Trends & Expert Insights
Tether has collaborated with the RCMP to recover $460,000 USDT linked to an investment fraud scheme, demonstrating its proactive role in combating cryptocurrency-related crime.
Recent industry reports indicate a growing emphasis on international cooperation and advanced blockchain analytics to enhance digital asset recovery. This aligns with Tether’s efforts to aid law enforcement in recovering stolen funds, showcasing a trend towards more effective collaboration between private companies and government agencies.
As per insights from Arnold & Porter, the GENIUS Act highlights the importance of AML compliance and regulatory oversight in preventing financial crimes involving stablecoins. This supports Tether’s role in law enforcement collaborations, emphasizing the need for stablecoin issuers to engage in legal cooperation to prevent illicit activities.
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