# USDT (Tether)

Type: Token (USDT)

Source: GetYourBrief — https://getyourbrief.com/entity/usdt-tether
Canonical HTML page: https://getyourbrief.com/entity/usdt-tether

## Timeline

- **2026-07-10**: Complaint filed — Vijayvargiya lodged a formal complaint with the State Cyber Cell office in Gwalior, triggering a police investigation.
- **2026-07-01**: Realization of fraud — In the first week of July 2026, Vijayvargiya realized he had been cheated after total investments reached approximately Rs 21 crore and withdrawal requests were met with a fabricated Rs 11 crore tax demand.
- **2025-12**: Initial contact and investment — Victim Ashok Vijayvargiya was contacted by a woman posing as Divya Singh from Bengaluru. He invested Rs 1 lakh in USDT trading and received a return of Rs 1.84 lakh, building trust.

## Recent coverage (2 stories, network-wide)

### 70-Year-Old CA Loses Rs 21 Crore in Pig Butchering Crypto Scam
2026-08-07 09:01:51 · Sector: cyber · Sentiment: Neutral · Impact: 5/10 · Sources: 2

A case study in social engineering sophistication: how a 70-year-old chartered accountant was manipulated via a fake USDT trading platform, resulting in a Rs 21 crore loss. Exposes platform integrity gaps and targeting of high-net-worth seniors.
Full story: https://getcyberbrief.com/story/70-year-old-ca-21-crore-crypto-scam-cyber

### US DOJ Moves to Forfeit $3.4M in USDT Linked to Ethereum Fraud
2026-03-11 11:01:43 · Sector: crypto · Sentiment: Neutral · Impact: 5/10 · Sources: 2

US federal prosecutors in Massachusetts have filed a civil forfeiture action to seize 3.44 million USDT linked to a sophisticated text-based cryptocurrency investment scam. The fraudulent scheme involved tricking victims into transferring Ether (ETH) to attacker-controlled wallets before converting the proceeds into stablecoins.
Full story: https://getcryptobrief.com/story/doj-forfeiture-3-4m-usdt-ethereum-scam

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