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US prosecutors seize $47K in Tether linked to $900K Bitcoin fraud traced to Binance account

US prosecutors have seized about $47,000 in Tether, or USDT, that was linked to an alleged $900,000 Bitcoin fraud, according to a report originally published by pluang.com. The funds were traced to a Binance account, the report said.

pluang.com

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Sep 30, 2026 at 12:27 AM UTC · 1 min de lectura

US prosecutors seize $47K in Tether linked to $900K Bitcoin fraud traced to Binance account
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$47K Tether seized by prosecutors

Entities

bitcoin, binance, tether

Last Updated

hace un mes

US prosecutors have seized about $47,000 in Tether, or USDT, that was linked to an alleged $900,000 Bitcoin fraud, according to a report originally published by pluang.com. The funds were traced to a Binance account, the report said.

The case highlights how digital-asset investigations can involve multiple cryptocurrencies and trading platforms. Bitcoin is the largest cryptocurrency by market prominence, while Tether’s USDT is a stablecoin designed to maintain a value close to the US dollar. Binance is a major crypto exchange that provides trading and custody services for digital assets.

Asset seizures are a key tool for prosecutors pursuing alleged financial crimes involving cryptocurrency, where funds may move across wallets, tokens and exchange accounts. The reported seizure concerns the $47,000 in Tether, while the underlying alleged Bitcoin fraud was valued at about $900,000.

Why this matters

The seizure illustrates how prosecutors can trace and recover crypto proceeds across token types and exchange accounts. It could reinforce compliance and monitoring pressure on exchanges and stablecoin-related transaction flows in financial-crime investigations.

#bitcoin#binance#tether#crypto#government-policy

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Originally reported by pluang.com

NewsLayer coverage based on externally reported material.

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