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DOJ Moves To Recover USDTs Seized In Inaugural Committee Scam - FinanceFeeds

Summary by FinanceFeeds
The U.S. Department of Justice is seeking the return of 40,353 USDT stolen in an alleged crypto fraud scheme that involved scammers posing as officials from the Trump-Vance Inaugural Committee. The funds, worth about $40,000, were seized by the FBI with help from stablecoin issuer Tether. According to a civil forfeiture complaint filed Wednesday, the scam targeted a donor who ended up transferring $250,300 in USDT on Ethereum, believing they wer…
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FinanceFeeds broke the news in on Thursday, July 3, 2025.
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