#Tether Assists #US Government in Seizing $1.4 MIllion From Unhosted Wallet https://t.co/UWTmPvRpTZ
Massachusetts prosecutors seek to seize $2.3 million from crypto romance scam March 13, 2024 https://t.co/1EgCFS7sBC https://t.co/Tee584qBjC
Georgia Woman Sentenced in Rhode Island for Role in Multi-Million Dollar Romance Fraud Schemes @FBIBoston https://t.co/FK5AqaheKQ
The U.S. Attorney's Office in Massachusetts, in collaboration with the FBI and Tether, has taken significant action against various fraud schemes, leading to substantial seizures and arrests. Tether assisted in the seizure of $1.4 million worth of USDT from an unhosted virtual currency wallet. Additionally, the FBI Boston arrested Ronaldo & Adriana Solano from Hopkinton, MA, for multiple fraud schemes and charged Francis Bruno Ragusa, an insurance agent from North Attleboro, MA, with identity theft and filing fraudulent insurance applications for commissions. Furthermore, the U.S. Attorney's Office filed a civil forfeiture action to return $2.3 million seized from pig butchering scammers, aiming to reimburse 37 victims of online scams and fraud. This comprehensive crackdown on cybercrime and fraud underscores the authorities' commitment to combating financial crimes and protecting consumers.
