Regulation· ★★★· bearish·

U.S. files civil forfeiture case targeting USDT at a specific crypto address

  • —U.S. Justice Department launched civil forfeiture of USDT at a specific address
  • —Legal seizure process for the stablecoins has begun
  • —Amount and address ownership were not disclosed
Why it matters: It shows U.S. authorities continue to seize stablecoins through courts, increasing pressure on illicit crypto funds.
Source: Google News (crypto query)