Federal prosecutors in Massachusetts have filed a civil forfeiture complaint seeking 110,270 USDT, saying the funds are tied to an alleged account takeover scam involving a Coinbase user. According to the filing, the victim was communicating with Coinbase by email when they received fraudulent text messages impersonating the exchange. The victim was then tricked into providing account login credentials, after which funds were transferred out without authorization. Prosecutors said the assets are suspected proceeds of wire fraud. The case is being pursued through a civil forfeiture process, which means the assets have not been finally forfeited at this stage. The allegations in the complaint have also not been proven in court, according to the prosecutors’ statement cited in the report.
Federal prosecutors in Massachusetts have filed a civil forfeiture complaint seeking 110,270 USDT, saying the funds are linked to an alleged account takeover scam involving a Coinbase account.
According to prosecutors, the victim was communicating with Coinbase by email when fraudulent text messages impersonating Coinbase were sent to the victim. The victim was then induced to provide account login information, and funds were later transferred out of the account without authorization.
Prosecutors said the assets are suspected proceeds of wire fraud. Whether the USDT will ultimately be forfeited will be decided through the civil forfeiture process. The allegations in the complaint have not been established by a court.
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