Tether Assists Law Enforcement in Dismantling $12 Million Transnational Scam Network

In a significant international operation, Tether provided crucial support to law enforcement authorities pursuing a transnational scam network operating throughout Southeast Asia. The joint initiative, led by the Royal Thai Police and the U.S. Secret Service (USSS), successfully seized approximately $12 million worth of USDT (equivalent to 400 million Thai Baht). This action also resulted in the arrest of 73 suspects, including 51 Thai nationals and 22 foreign nationals, along with the seizure of assets valued over 522 million baht. This operation showcases the crucial role blockchain transparency plays in empowering law enforcement to tackle financial crime effectively.