U.S. prosecutors have initiated a civil forfeiture lawsuit to seize approximately $3.44 million in USDT linked to an online investment fraud and money laundering scheme. The U.S. Attorney's Office for the Southern District of Massachusetts announced the action, which targets assets allegedly obtained through fraudulent activities that began in late 2024. The scheme reportedly deceived at least four victims, including residents of Massachusetts, Utah, and South Carolina, by using misleading communications to promote fake Ethereum investment opportunities. Victims were instructed to purchase ETH and transfer it to wallets controlled by the fraudsters, who then converted the funds into USDT. The government seized the USDT in early 2025, and the civil forfeiture process will determine the return of assets to the victims.