"In a civil forfeiture complaint filed in federal court, the government is asking to take control of 327,829.720952 USDT (Tether), a cryptocurrency token tied to the U.S. dollar. Prosecutors say the funds were used to launder money from a scheme that convinced the victim, who was not identified, to invest in cryptocurrency through a fake online relationship."
"Investigators say the scam began in the fall of 2024, when someone identifying themselves as "Linda Brown" contacted the victim on a dating app. After communicating for several weeks, the person introduced what she claimed was a profitable cryptocurrency investment opportunity, according to court documents."
"Investigators say the funds were then moved through several other cryptocurrency wallets and eventually converted into Tether, a process prosecutors say was intended to hide where the money came from. Authorities traced some of the cryptocurrency to several unhosted digital wallets, which were seized in August 2025."
Federal prosecutors filed a civil forfeiture complaint to recover 327,829.720952 USDT (Tether) linked to a romance and investment scam. The scheme began in fall 2024 when a scammer posing as "Linda Brown" contacted a victim through a dating app, eventually convincing them to invest in cryptocurrency. The victim sent money to wallets controlled by the scammers but could not withdraw earnings, realizing the fraud. Investigators traced the funds as they moved through multiple cryptocurrency wallets and were converted to Tether to obscure their origin. Authorities seized cryptocurrency from unhosted digital wallets in August 2025. Civil forfeiture allows the government to seek permanent control of assets tied to criminal activity, with potential return to the victim if approved.
Read at Boston.com
Unable to calculate read time
Collection
[
|
...
]