DOJ Seizes $40K in Crypto from Trump-Vance Inaugural Scam
Summary
US federal prosecutors seized $40,300 in cryptocurrency linked to an email scam impersonating the Trump-Vance Inaugural Committee. The scam tricked a donor into sending $250,300 in USDt stablecoin after receiving a fraudulent email from a spoofed address. The victim transferred the funds to a wallet controlled by the scammers, who laundered the money through multiple wallets. The FBI traced and recovered $40,300 of the stolen funds through blockchain analysis and is seeking to return it to the victim. The DOJ emphasized the importance of verifying email senders and warned against sending cryptocurrency to unknown contacts. Tether assisted law enforcement in freezing and recovering the stolen assets.
