I break down a recent court filing (Document 79) in the case about the 2025 forfeiture of 225M USDT linked to pig butchering scams.
We get more detail now on the head-spinning timeline on how the US really got to get ahold of the 225M USDT back in 2023. It involves senators, institutional arm-twisting, state-to-state unrelations, undue process, victims as unpaid skilled labor, whistleblowers-to-be, and the $225M’s sprawling links to other massive cryptocurrency forfeitures by the US, including the Prince Group’s \~$15B in BTC.
