Tether, the issuer of USDT, announced its support for a successful international operation. The Royal Thai Police, in collaboration with the United States Secret Service, seized approximately 12 million USDT from a Southeast Asian fraud network. This operation highlights the increasing cooperation between international law enforcement agencies in combating cryptocurrency-related crime. The collaborative effort underscores the growing concern over the use of cryptocurrencies in illicit activities, including fraud and money laundering. While details of the specific fraud scheme remain limited, the seizure of such a significant amount of USDT demonstrates the scale of the operation and the sophistication of the criminals involved. This bust also sends a strong message to those attempting to exploit digital currencies for illegal purposes: international law enforcement is actively monitoring and pursuing these cases. The investigation is ongoing, and further details are expected to be released as the case progresses. ```