Ukraine has seized over 8.3 million USDT from a suspected international hacking group, marking the first time the country has brought confiscated cryptocurrency assets under state management. The Office of the Prosecutor General announced that the assets have been transferred to the National Agency for Asset Recovery and Management (ARMA). The group is accused of cyberattacks in Europe and the U.S., causing losses exceeding $100 million.
Authorities have detained four suspects, including the group's organizer, and seized over $11.1 million in assets, including real estate, vehicles, and $1 million in cash. This move follows Ukraine's legalization of virtual assets in 2022 and ongoing efforts to align its regulatory framework with EU standards. Ukraine ranks fourth in Europe for crypto transaction volume, with $206.3 billion received from mid-2024 to mid-2025, according to Chainalysis.
Ukraine Seizes Over $8.3 Million USDT in Cybercrime Crackdown
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