U.S. Seizes $61 Million in USDT from ‘Pig Butchering’ Romance-investment Fraud
U.S. authorities seized $61 million in USDT and said the funds were tied to an international “pig butchering” network that blended crypto investment fraud with romance scams. The seizure underscores how large-scale fraud operations can accumulate material stablecoin balances that remain traceable and, in some cases, recoverable.
North Korean ‘Fake Zoom’ Scam Drains Crypto Wallets, $300M Stolen Already
A social-engineering campaign anchored on “fake Zoom” and “fake Teams” meetings has triggered confirmed losses of $300 million among cryptocurrency professionals and firms. The tactic is part of a wider state-linked offensive that analysts say siphoned more than $2 billion in 2025 and exceeds $6 billion cumulatively in crypto thefts.