Recent operations like the $225 million USDT seizure demonstrate unprecedented public-private partnerships, with Coinbase providing blockchain analysis to help the Secret Service identify over 130 victims of pig butchering scams. This collaboration enabled tracing funds through complex transaction chains across fake investment platforms.
Tether’s role in freezing and reissuing assets to government-controlled wallets highlights exchanges’ critical function in asset recovery. Such coordination sets precedents for rapid response to large-scale crypto fraud while establishing recovery frameworks.
These cases illustrate how industry expertise in blockchain forensics complements law enforcement’s investigative authority, creating more effective anti-fraud ecosystems than either could achieve independently.
