The "pig butchering" hoax, which the Federal Bureau of Investigation (FBI) claims cost American citizens $3.3 billion last year, is connected to the crime syndicate.
The press release further stated that the frozen tokens did not belong to Tether users and were being kept in self-custodied wallets.
"Tether aims to set a new standard for safety within the cryptocurrency space through proactive engagement with global law enforcement agencies and our commitment to transparency," stated Paolo Ardoino, CEO of Tether.
32 crypto addresses connected to terrorism and hostilities in Israel and the Ukraine were also frozen by Tether last month.
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