Coinbase Helps Recover $225M in Stolen USDT from Pig Butchering Scams

  • Coinbase, a leading U.S.-based cryptocurrency exchange, has played a key role in helping the U.S. Secret Service (USSS) recover approximately $225 million in Tether (USDT) stolen through pig butchering crypto scams. These scams, often disguised as romantic or business relationships, involve fraudsters gradually gaining victims trust before convincing them to invest in fake cryptocurrency platforms.