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US prosecutors seek $456K in Tether from crypto romance scam across three states

Market News
11 Nov 2026, 10:51 WIB
Tokenpost
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Bearish
US prosecutors seek $456K in Tether from crypto romance scam across three states

Federal prosecutors in Massachusetts filed a civil forfeiture action to recover $456,602 in Tether (USDT) linked to two crypto wallets involved in a romance scam affecting victims in Massachusetts, Ohio, and California. The scam involved fake crypto investment platforms showing false profits, with victims losing significant funds, including one from Norwood, MA, who lost about $1.89 million. The case highlights ongoing risks in crypto scams and the use of civil forfeiture to reclaim illicit assets. A similar case was pursued earlier in 2026 for over 327,000 USDT tied to a Massachusetts resident.

The Federal prosecutors' pursuit of $456,602 in Tether (USDT) in a romance scam case provides context for crypto market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Nov 11, 2026 15:01 WIB: out of 50 major cryptocurrencies, only 8 rose while 41 fell. BAT dropped 5.11% to Rp2.219 with 100% buy orders and a typical hold time of 94 days, contrasting with CRV's 4.50% decline to Rp4.479 and predominantly sell orders at 87%, and GRT fell 4.08% to Rp317 with 100% sell orders and a 100-day hold time.

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