USDT Plays Pivotal Role in $12 Million Seizure Against Southeast Asian Scam Network
In a significant crackdown on transnational financial crime, Tether has partnered with Thai and U.S. law enforcement to recover $12 million worth of USDT linked to a sophisticated Southeast Asian scam operation. The joint operation, spearheaded by Thailand's Technology Crime Suppression Division, resulted in 73 arrests and the confiscation of crypto assets valued at over 522 million baht. This collaboration between the stablecoin issuer, Royal Thai Police, and U.S. Secret Service demonstrates the growing capability of blockchain analytics in tracing illicit funds across borders. The successful seizure highlights USDT's dual role in both facilitating global crypto transactions and serving as a tool for law enforcement to combat financial crimes. As of November 2025, this case stands as one of the largest stablecoin-related asset recoveries in Southeast Asia, reinforcing the cryptocurrency industry's commitment to working with regulators while maintaining the integrity of digital asset markets.
Tether Assists in $12 Million USDT Seizure Linked to Southeast Asian Scam
Tether has collaborated with Thai and U.S. authorities to recover $12 million in USDT tied to a transnational scam network. The operation, led by Thailand's Technology Crime Suppression Division, resulted in 73 arrests and the seizure of crypto assets worth over 522 million baht.
The stablecoin issuer worked alongside the Royal Thai Police and the U.S. Secret Service to trace illicit funds across Southeast Asia. This marks another instance of blockchain transparency enabling law enforcement action against financial crimes.
Tether CEO Paolo Ardoino emphasized the company's commitment to working with global agencies. "This operation demonstrates how cryptocurrency technology can be Leveraged to combat illegal activities," the announcement stated.
BTCC Exchange Launches Black Friday 2025 Campaign with 2M USDT Rewards and JJJ Prizes
BTCC, the longest-running cryptocurrency exchange, has unveiled a Black Friday promotion featuring a $2 million USDT reward pool and exclusive memorabilia from global ambassador Jaren Jackson Jr. The campaign runs from November 10-30, 2025, offering both trading incentives and guaranteed prizes through a tiered participation system.
New users can claim up to 100 USDT for completing initial deposit and futures trading requirements. Active traders qualify for rewards up to 3,500 USDT based on trading volume milestones, with all incentives being stackable. The program's centerpiece is a guaranteed-win lucky draw requiring 500 accumulated points, featuring high-value prizes including 0.1 BTC, Apple's latest flagship device, and JJJ-signed collectibles.
The exchange leverages its NBA partnership to enhance market visibility during the seasonal shopping period, combining financial incentives with pop culture appeal. This marks BTCC's most substantial Black Friday offering since its 2011 launch, reflecting growing institutional confidence in crypto market cycles.
US DOJ Seeks to Seize $15M in USDT Tied to North Korean Hackers
The US Department of Justice is targeting over $15 million in Tether (USDT) linked to North Korean hacking group APT38, marking a significant escalation in efforts to disrupt Pyongyang's crypto-funded operations. The funds, traced to four major 2023 exchange breaches, were initially seized by the FBI in March 2025.
Five US individuals admitted to facilitating North Korean IT workers' infiltration of American companies. The civil forfeiture complaints align with high-profile 2023 attacks including the $100 million Poloniex and $37 million CoinsPaid hacks, though the DOJ hasn't formally named affected platforms.
