KEY TAKEAWAYS
- Tether collaborates with the DOJ to seize $225 million in USDt linked to a major fraud operation.
- The company has blocked over $2.7 billion in USDt associated with illicit activities, showcasing its commitment to compliance and transparency.
- Tether’s proactive engagement with law enforcement highlights its role in maintaining the integrity of the global financial system.
- Past collaborations with global agencies underscore Tether’s dedication to combating digital asset fraud worldwide.
On June 18, 2025, Tether, a leading company in the digital assets industry, announced its recognition by the United States Department of Justice (DOJ) for its role in a significant enforcement action. The action involved the seizure of approximately $225 million in USDt, which was connected to a large-scale ‘pig butchering’ fraud operation targeting individuals across various jurisdictions. This development was announced here.
This enforcement action is part of Tether’s broader efforts to lead the digital asset industry in compliance, transparency, and global crime prevention. To date, Tether has frozen and blocked over $2.7 billion in USDt linked to illicit activities. The company utilizes real-time tracking, advanced analytics, and collaborates directly with over 255 law enforcement agencies across more than 55 countries.
Collaboration with DOJ Highlights Commitment to Financial Security
Working closely with the DOJ, Tether facilitated the seizure of assets identified as proceeds of the pig butchering fraud. This collaboration underscores Tether’s ongoing commitment to supporting law enforcement and protecting the integrity of the global financial system.
Paolo Ardoino, CEO of Tether, stated, “Tether’s work with the Department of Justice underscores our commitment to transparency, proactive engagement with law enforcement, and the protection of users across the digital asset ecosystem.” He emphasized that Tether is setting the standard for compliance in digital assets and leading efforts to ensure stablecoins are not misused by bad actors.
Ongoing Support for Global Law Enforcement
This latest action builds on Tether’s ongoing support of global law enforcement. In March 2025, Tether assisted the U.S. Secret Service in freezing $23 million in USDt linked to the sanctioned exchange Garantex. Additionally, Tether collaborated with Tron, TRM Labs, and Spanish authorities to freeze over $100 million in illicit funds that same year.
In 2024, Tether supported the Ontario Provincial Police in recovering stolen digital assets and assisted the DOJ in freezing over $6 million connected to a Southeast Asia-based criminal network. These efforts highlight Tether’s dedication to combating digital asset fraud and confidence schemes worldwide.
Why This Matters: Impact, Industry Trends & Expert Insights
Tether has been acknowledged by the U.S. Department of Justice for its role in a $225 million asset seizure linked to a fraud scheme, highlighting its active involvement in combating financial crime within the digital asset space.
According to recent industry reports, current trends in crypto compliance reflect a complex landscape with evolving regulations and a supportive stance on digital assets in the U.S. This aligns with Tether’s proactive measures in compliance and collaboration with law enforcement to prevent misuse of digital assets.
A TRM Labs report highlights Tether’s efforts in forming partnerships to combat crypto crime, emphasizing its role in disrupting criminal activities. This supports Tether’s ongoing commitment to transparency and crime prevention in the digital asset ecosystem.
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