Deep Tide TechFlow news: On June 17, Bloomberg reported that the U.S. government seized nearly $9 million in USDT, saying the funds can be traced to an organized fraud network. The U.S. Department of Justice said this operation targeted the so-called “pig-butchering” scam scheme. The criminal group gained victims’ trust by setting up fake romantic or private relationships and then lured them into making transfers using fabricated cryptocurrency investment returns. Investigations show that the organization carried out the scam through fictitious cryptocurrency trading platforms, causing losses for more than 70 victims across the United States.