Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Just saw some pretty crazy news — American authorities just seized over $61 million in USDT in a major crypto romance scam case. It was announced by the U.S. District Attorney’s Office for the Eastern District of North Carolina, in collaboration with Homeland Security Investigations.
For those unfamiliar, these romance scams ( known as pig butchering ) are really insidious. The scammers create fake romantic relationships to lure you into high-yield crypto investments. They show you fake profits, build your trust, and then either block your withdrawals or ask you to pay ridiculous taxes. Victims end up completely drained.
What’s interesting here is that authorities were able to trace the funds by following the blockchain to multiple wallets used to launder the stolen money. It shows that even in crypto, you can’t really disappear if you leave traces. This seizure adds to other actions against fraud — they had already confiscated $400 million earlier this year related to darknet mixing services.
It’s a good reminder that romance scams remain a real problem in the crypto space. Stay vigilant with anyone you don’t know who offers you miracle investments.