15 September 2025 – Tether, the largest company within the digital resources replace, announced nowadays that it assisted the Royal Canadian Mounted Police (RCMP) in recovering approximately 460,000 USDT that used to be linked to a complex investment fraud design focusing on an Ontario resident.
On July 3, the RCMP Federal Policing Felony Operations Virtual Property group done a Particular Warrant for Digital Property, seizing 460,000 USDT (valued at approximately $640,000 CAD) as proceeds of crime. In its loyal announcement, the RCMP credited Tether’s cooperation as a decisive component within the a hit seizure.
“Tether’s capability to act instant in freezing illicit funds has made it a trusted ally for regulations enforcement agencies worldwide,” acknowledged Paolo Ardoino, CEO of Tether. “We’re proud to receive assisted the RCMP in this case and stay committed to safeguarding the integrity of the global monetary plot.”
Tether continues to play an energetic characteristic in global enforcement actions. In the past year, the corporate has been identified by the U.S. Division of Justice for supporting a $225 million enforcement action, cooperated with the U.S. Secret Carrier to freeze $23 million tied to sanctioned alternate Garantex, and helped snatch $9 million linked to the Bybit hack.
“In cases of stolen cryptocurrency, timing is all the pieces,” acknowledged Sergeant Ryan Berry of RCMP Federal Policing Felony Operations, as fundamental within the RCMP launch. “Given the velocity at which cryptocurrency resources may perhaps perhaps per chance even be transferred, the sooner investigators launch following the transactions, the higher the likelihood of interdiction and seizure all through the money laundering direction of. Collaboration and the support of the deepest sector are paramount in cryptocurrency investigations. The voluntary help of Tether used to be instrumental within the seizure and recovery of these funds.”
To this level, Tether has frozen and blocked over $3.2 billion in USDT linked to illicit activity, leveraging proper-time tracking, superior analytics, and express collaboration with greater than 290 regulations enforcement agencies all over 59 countries. These efforts embrace actions against wallets linked to sanctioned entities, terrorism financing, and well-known fraud schemes. In the ideal twelve months on my own, Tether has voluntarily collaborated with regulations enforcement officers to block 3,660 wallets, 2,100 of which receive been in coordination with US agencies.
