DOJ Recovers $40K $USDT From #Trump Inaugural Committee Crypto Scam


The Department of Justice filed to recover 40,353 $USDT stolen in a fraudulent scheme impersonating the Trump-Vance Inaugural Committee.


Scammers posed as Inaugural Co-Chair Steve Witkoff, using a fake email address to defraud a donor of $250,300 in cryptocurrency.


The Dec. 24, 2024, scam involved a Nigerian actor who swapped the "i" in the legitimate email for a lowercase "l."


FBI traced and seized $40,353 of the laundered funds through #blockchain analysis with assistance from #Tether.


The victim sent the funds believing the email was legitimate, highlighting the sophisticated nature of #cryptocurrency impersonation scams.


U.S. Attorney Jeanine Ferris Pirro emphasized the importance of double-checking recipient addresses before sending crypto payments.


This case follows the DOJ's largest crypto seizure of $225 million tied to separate schemes with help from Tether and #Coinbase.

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July 03, 2025 at 5:46 PM
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