Secret Service and Coinbase join forces to crack down on 'pig killing' gangs One of the largest fraud crackdowns in the cryptocurrency field has just come to an end: the Secret Service seized $225 million worth of USDT, which is related to the "pig killing" scam. These types of scams exist for a long time, where victims are lured into participating in false online relationships or business transactions, deceived by trust, and then drained of everything. Coinbase assistant cleared the clues of cryptocurrency, identified more than 130 victims, and traced stolen funds through OKX accounts related to Southeast Asian fraud gangs. In these fraud gangs, the trafficked workers are forced to carry out online fraud schemes. Tether destroyed the stolen tokens and issued new USDT directly to a wallet controlled by the Secret Service, where the funds will remain until they are returned to the victims.