The post USDT draws scrutiny as U.S. seizes $61M in pig-butchering case appeared on BitcoinEthereumNews.com.

How the U.S. seizes crypto globally: law + blockchain forensics The United States is leveraging legal authorities and blockchain forensics to locate, freeze, and seize virtual assets across borders. Investigations blend court-ordered forfeiture, issuer cooperation, and analytics that follow funds through public ledgers. According to the International Bar Association, U.S. mechanisms span criminal, civil, and administrative forfeiture, enabling courts to target crypto as property tied to crime, even when wallets or custodians are overseas. Establishing a legal nexus to U.S. conduct can support seizure orders that are executed through custodians, stablecoin issuers, or foreign partners. Why it matters: enforcement reach, restitution, and privacy trade-offs Global reach expands the chances of disruption and restitution in cross-border fraud, but it also raises sovereignty and due process questions. Stablecoin freezes and exchange holds can be swift, heightening debates over notice, contestation rights, and data privacy. Enforcement leaders frame the effort as a national security imperative focused on deterrence and accountability. “We will find you and hold you accountable,” said Wally Adeyemo, Deputy Secretary of the U.S. Treasury, at the 2023 Blockchain Association Policy Summit. Policy critics flag victim recovery gaps and oversight risks in the evolving stablecoin and crypto framework. As reported by Yahoo Finance, New York Attorney General Letitia James warned that recent proposals do not always require stablecoin issuers to return stolen assets, complicating restitution. At the time of this writing, Coinbase Global (COIN) traded at $157.67, down 1.60%, based on Nasdaq real‑time data. market moves do not alter legal standards, but they shape industry attention to enforcement risk. BingX: a trusted exchange delivering real advantages for traders at every level. U.S. authorities seized more than $61 million in Tether (USDT) linked to a pig‑butchering investment fraud, underscoring real‑time tracing and issuer coordination. As reported by BeInCrypto, the Eastern District of…

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Filed under: News - @ February 26, 2026 2:29 am