U.S. prosecutors in Boston are seeking to seize $327,829 worth of Tether (USDT) related to a online romance scam case. Authorities say a Massachusetts resident was duped into sending money to a person named "Linda Brown" on a dating app for a fake cryptocurrency investment. The victim discovered the scam when unable to withdraw the funds. Reportedly, the stolen funds were exchanged for USDT and laundered through multiple wallets. Previously, U.S. authorities have warned that romance scams involving cryptocurrencies are on the rise.
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U.S. prosecutors in Boston are seeking to seize $327,829 worth of Tether (USDT) related to a online romance scam case. Authorities say a Massachusetts resident was duped into sending money to a person named "Linda Brown" on a dating app for a fake cryptocurrency investment. The victim discovered the scam when unable to withdraw the funds. Reportedly, the stolen funds were exchanged for USDT and laundered through multiple wallets. Previously, U.S. authorities have warned that romance scams involving cryptocurrencies are on the rise.