Federal prosecutors have recovered $40,300 in cryptocurrency from scammers who impersonated officials of the Trump-Vance Inaugural Committee. The scheme convinced a donor to transfer $250,300 in Tether USDt stablecoin after receiving a deceptive email from a fake account that closely mimicked the real committee's address. The funds were sent to a wallet controlled by the scammers and rapidly laundered through various wallets. The FBI utilized blockchain analysis to trace and recover the stolen assets and is now working to return them to the victim through civil forfeiture. Authorities warn that impersonation scams are prevalent and can lead to significant financial losses, urging people to confirm email details before making transactions. Tether was credited for its assistance in freezing and transferring the assets, highlighting the role of companies in aiding law enforcement efforts against crypto crimes.

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