On November 13, 2025, Tether, a leading company in the digital assets industry, announced its collaboration with the Royal Thai Police and the United States Secret Service in a coordinated international operation. This effort led to the seizure of approximately 12 million USDT, valued at roughly 400 million baht, connected to a major scam network operating across Southeast Asia. The operation was conducted by Thailand’s Technology Crime Suppression Division (TCSD) under the Ministry of Digital Economy and Society (DES) as part of a broader initiative to dismantle online fraud and money laundering operations.

According to the Royal Thai Police, authorities arrested 73 suspects, including 51 Thai and 22 foreign nationals, and seized assets worth more than 522 million baht. Paolo Ardoino, CEO of Tether, stated, “This operation highlights how blockchain transparency can empower law enforcement to act quickly and effectively against criminal activity.” He emphasized Tether’s commitment to supporting law enforcement globally in freezing illicit assets and protecting victims.

Ongoing Efforts in Combating Financial Crimes

Over the past year, Tether has actively collaborated with global law enforcement to facilitate multiple seizures of illicit funds across various jurisdictions. In June, the company was acknowledged by the U.S. Department of Justice (DOJ) for its assistance in a major enforcement action involving the seizure of approximately $225 million in USDT.

In March, Tether assisted the U.S. Secret Service in freezing $23 million in illicit funds tied to transactions on the Russian-sanctioned exchange Garantex and helped freeze an additional $9 million connected to the Bybit hack. To date, Tether has blocked over 3,660 wallets in assisting law enforcement, including 2,100 cases in coordination with U.S. agencies.

Global Collaboration with Law Enforcement

Tether’s support in the Thai operation builds on its ongoing efforts with international law enforcement agencies to combat financial crimes involving digital assets. The company has collaborated with more than 290 law enforcement agencies across 59 jurisdictions, freezing more than $3.2 billion in assets linked to illicit activity.

Tether remains committed to maintaining close cooperation with law enforcement authorities to promote transparency, prevent misuse of digital assets, and strengthen trust in blockchain-based financial systems. The full announcement can be found here.

Why This Matters: Impact, Industry Trends & Expert Insights

Tether’s collaboration with international law enforcement agencies led to the seizure of $12 million USDT from a Southeast Asian scam network, showcasing the role of blockchain transparency in combating financial crimes.

Recent industry reports indicate that the widespread adoption of advanced blockchain analytics tools is enhancing law enforcement’s ability to trace illicit transactions across multiple blockchains. This aligns with Tether’s efforts to aid authorities in recovering stolen assets and dismantling criminal networks.

According to global experts, blockchain’s role in combating cybercrime is significant due to its transparency and traceability, which helps disrupt crypto-enabled crimes. This supports Tether’s ongoing collaborations with law enforcement to freeze illicit assets and protect victims.

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