
律动BlockBeats|Nov 19, 2025 07:19
[Tether Assists Thai Royal Police and U.S. Secret Service in Seizing 12 Million USDT from Fraud Network]
BlockBeats News, November 19: Tether recently announced its support for a 'collaborative' international operation conducted by the Thai Royal Police and the U.S. Secret Service. The operation ultimately seized approximately 12 million USDT (valued at around 400 million Thai Baht) linked to 'a large fraud network operating across multiple locations in Southeast Asia.'
Reportedly, the operation was carried out by the Technology Crime Suppression Division (TCSD) under Thailand's Ministry of Digital Economy and Society (DES) as part of the country's efforts to combat online fraud and money laundering activities.
The Thai Royal Police stated that law enforcement authorities have arrested '73 suspects, including 51 Thai nationals and 22 foreigners, and seized assets valued at over 522 million Thai Baht.'
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