Tether Freezes $666K USDT Linked to Dark Web Money Laundering Scheme

Tether froze $666,000 in USDT after a threat actor purchased laundering services on the dark web. The funds originated from a US pig butchering scam victim.

Woofun AI reports that Tether froze $666,000 in USDT associated with a dark web money laundering operation. On-chain investigator VAL disclosed that a threat actor engaged a service provider to clean cryptocurrencies via an underground forum. The provider transferred 666,000 USDT, claiming the assets were "clean", but investigations traced the source to a victim of a pig butchering scam in the United States. The scheme was exposed following a dispute between the parties on the forum.