The stablecoin issuer reported the illicit funds had been used by a Southeast Asia-based crime syndicate responsible for a “pig butchering” romance scam.
![](https://wecoachcrypto.com/wp-content/uploads/2023/11/e965dbfd-fc72-440d-8283-a83a007534a6-NeVpyK.jpeg)
The stablecoin issuer reported the illicit funds had been used by a Southeast Asia-based crime syndicate responsible for a “pig butchering” romance scam.