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US prosecutors seek $456K in stablecoins from romance scam victims in a major crypto fraud case

Market News
10 Nov 2026, 09:04 WIB
Crypto Briefing
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Bearish
US prosecutors seek $456K in stablecoins from romance scam victims in a major crypto fraud case

Federal prosecutors in Boston filed a civil forfeiture complaint to recover $456,602 in USDT linked to a romance scam targeting victims across Massachusetts, Ohio, and California. Scammers built fake relationships on dating and social platforms before pushing victims to fraudulent investment sites, laundering stolen funds into stablecoins. One victim alone lost about $1.89 million, highlighting the scale of the fraud. This case is part of a broader DOJ effort in 2026 to combat digital asset scams using civil forfeiture to reclaim stolen funds without needing criminal convictions.

The DOJ's civil forfeiture action to recover $456,602 in USDT linked to romance scams provides context on digital asset concerns. For readers following the cryptocurrency market, here is Pluang's snapshot as of Nov 10, 2026 14:01 WIB: out of 50 major cryptocurrencies, 43 rose and 6 fell. Notable movers include COTI at Rp175 (+3.61%), XNO at Rp5,784 (+3.54%), and ADA at Rp3,242 (+3.25%).

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