Tether Freezes $38M in USDT as $150M Fraud Scheme Collapses

Tether has frozen $38.4 million in USDT linked to a suspected fraud involving DSJ Exchange and BG Wealth Sharing, according to on-chain investigator ZachXBT. The scheme is estimated to have grown to about $150 million before collapsing last week. In a post on X, ZachXBT said he coordinated with Binance, OKX, and U.S. law enforcement […] Read The Full Article Tether Freezes $38M in USDT as $150M Fraud Scheme Collapses On Coin Edition.