Law Enforcement

The $560,000 in confiscated cryptocurrency is the smaller half of the operation. The FBI also came away with information on thousands of people who tried to give.

The complaint says the blacklist followed an informal request from a Homeland Security Investigations agent in October. The seizure warrant arrived in February, and told Tether to burn the tokens and mint replacements.

A coordinated international operation led by Dubai Police has dismantled nine cryptocurrency investment scam centres and arrested at least 276 people, with three defendants now facing federal wire fraud and money laundering charges in the Southern District of California.

A week-long international enforcement campaign led by the US Secret Service and the UK's National Crime Agency traced $45 million in crypto fraud, froze $12 million, and disrupted over 120 scam domains.