U.S. Files Civil Forfeiture to Seize 47,461 USDT From Cyber Fraud

Federal authorities initiate civil forfeiture action to recover 47,461 USDT linked to ATM-based cyber fraud, with funds traced to a wallet seized in March 2026.

Woofun AI reports that the U.S. Attorney's Office has initiated a civil forfeiture proceeding to reclaim 47,461.73111 USDT associated with a cyber fraud scheme. Perpetrators induced victims to deposit assets into cryptocurrency ATMs before diverting the funds. Law enforcement agencies traced a portion of these illicit proceeds to a specific digital wallet, which was seized in March 2026. Investigators further established that assets belonging to four additional victims in comparable fraud cases originated from the same wallet.