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Tether Assists Royal Thai Police, US Secret Service in Seizing 12 Million USDT from Scam Network

2025.11.19 15:16:24

November 19th. Tether recently made an announcement stating that it has supported a "collaborative" international operation involving the Royal Thai Police and the U.S. Secret Service. This operation ultimately led to the seizure of approximately 12 million USDT (equivalent to about 4 billion Thai Baht) related to "a large-scale fraud network operating in multiple locations in Southeast Asia." It is reported that the operation was carried out by the Technology Crime Suppression Division (TCSD) within the Digital Economy and Society (DES) of Thailand and is one of the country's initiatives aimed at combating online fraud and money laundering activities. The Royal Thai Police stated that law enforcement has arrested "73 suspects, including 51 Thai nationals and 22 foreigners, and seized assets worth over 5.22 billion Thai Baht."
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