The post US Prosecutors Seek $327K Crypto Forfeiture Over Romance Scam appeared on BitcoinEthereumNews.com. In brief The Massachusetts District of the U.S. AttorneyThe post US Prosecutors Seek $327K Crypto Forfeiture Over Romance Scam appeared on BitcoinEthereumNews.com. In brief The Massachusetts District of the U.S. Attorney

US Prosecutors Seek $327K Crypto Forfeiture Over Romance Scam

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

In brief

  • The Massachusetts District of the U.S. Attorney’s Office filed for the forfeiture of nearly $328K linked to a crypto romance scam.
  • The victim was tricked into sending funds to a user they communicated with via an online dating application.
  • U.S. prosecutors recently warned the public about the dangers of romance scams and their crypto ties.

Prosecutors for the Massachusetts District of the U.S. Attorney’s Office are seeking the civil forfeiture of $327,829 in USDT as part of a money laundering scheme that victimized the user of an online dating app.

An individual operating under the guise of “Linda Brown” communicated with the victim—a Massachusetts resident—for a few weeks beginning in November 2024 before offering a purported cryptocurrency investment opportunity to the individual.

The victim then sent funds to wallets controlled by Brown, believing it was a legitimate investment vehicle, only to find out it was a scam when they attempted to withdraw their money later.

The victim’s funds were then transferred between multiple wallets and later converted into USDT—the Tether-issued, dollar-backed stablecoin—from other cryptocurrencies, according to the complaint. 

“It is a violation of federal law to conduct a financial transaction knowing that the transaction is designed to conceal the nature, location, source, ownership, or control of criminal proceeds,” the U.S. Attorney’s Office, District of Massachusetts wrote in a statement. 

“A civil forfeiture action allows third-parties to assert claims to property,” it added, “which must be resolved before the property can be forfeited to the United States and returned to victims.” 

At least a portion of the victim’s funds were traced to crypto wallets that were later seized in August 2025. Prior to forfeiture and return to the victim though, the “United States must prove, by a standard of preponderance of the evidence, that the property is subject to forfeiture,” the release indicates. 

Though the crime happened in 2024, the forfeiture filing comes just a few weeks after U.S. prosecutors warned the public of romance scams tied to crypto as Valentine’s Day approached. 

“Unlike traditional scams, which execute quickly, these schemes exploit both emotional and financial vulnerabilities,” an analyst told Decrypt at that time. “Scammers spend weeks or even months building your trust before introducing seemingly lucrative investment opportunities.”

Last year, the U.S. Department of Justice filed to seize a record $225 million tied to similar crypto scams, which play on a victim’s confidence and trust. Such schemes are often called “pig butchering” scams, referring to the method of fattening up a swine before the slaughter.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

Source: https://decrypt.co/359666/us-prosecutors-seek-327k-tether-forfeiture-crypto-romance-scam

Market Opportunity
Union Logo
Union Price(U)
$0.000975
$0.000975$0.000975
+2.63%
USD
Union (U) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

The post Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference appeared on BitcoinEthereumNews.com. Key Takeaways Ethereum’s new roadmap was presented by Vitalik Buterin at the Japan Dev Conference. Short-term priorities include Layer 1 scaling and raising gas limits to enhance transaction throughput. Vitalik Buterin presented Ethereum’s development roadmap at the Japan Dev Conference today, outlining the blockchain platform’s priorities across multiple timeframes. The short-term goals focus on scaling solutions and increasing Layer 1 gas limits to improve transaction capacity. Mid-term objectives target enhanced cross-Layer 2 interoperability and faster network responsiveness to create a more seamless user experience across different scaling solutions. The long-term vision emphasizes building a secure, simple, quantum-resistant, and formally verified minimalist Ethereum network. This approach aims to future-proof the platform against emerging technological threats while maintaining its core functionality. The roadmap presentation comes as Ethereum continues to compete with other blockchain platforms for market share in the smart contract and decentralized application space. Source: https://cryptobriefing.com/ethereum-roadmap-scaling-interoperability-security-japan/
Share
BitcoinEthereumNews2025/09/18 00:25
Ethereum Price and BitMine Shares Jump 10% After Latest Treasury Buy

Ethereum Price and BitMine Shares Jump 10% After Latest Treasury Buy

Ethereum Price, BitMine Shares Jump on Treasury Buy The post Ethereum Price and BitMine Shares Jump 10% After Latest Treasury Buy appeared first on Cryptonews.
Share
Coinstats2026/03/03 06:28
Shiba Inu Shibarium Issues: Wallet and Explorer Notices

Shiba Inu Shibarium Issues: Wallet and Explorer Notices

The post Shiba Inu Shibarium Issues: Wallet and Explorer Notices appeared on BitcoinEthereumNews.com. Shibarium, the layer-2 blockchain for Shiba Inu, has issued
Share
BitcoinEthereumNews2026/03/03 07:02