Coinbase has collaborated with the U.S. Secret Service to recover $225 million in USDT from pig butchering scams, a type of fraud involving social engineering tactics. This operation marks a significant victory in the fight against crypto-related fraud, as the recovered funds have been returned to the victims. The announcement, made on June 25, 2025, underscores the critical role of partnerships between private companies and government agencies in tackling financial crimes.