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The Ontario Provincial Police (OPP) has thanked stablecoin issuer Tether for its assistance in the investigation, freezing approximately C$10,000 (US$7,186) in Tether stablecoins stolen from an individual, which were later returned to the victim.
Tether worked with the OPP Cyber Investigation Team to recover the funds, and following the successful operation, Addison Hunter, OPP Staff Sergeant, noted,
“With the voluntary assistance and cooperation of Tether International Ltd., the stolen digital assets were successfully recovered and returned to the victim. This cooperation was instrumental in ensuring the swift recovery of the assets.”
Tether CEO Paolo Adoino also emphasized the company’s commitment to “supporting law enforcement efforts to combat cybercrime” and will continue to work with law enforcement officials around the world to “bring bad actors to justice and ultimately support victims.”
Tether worked with the OPP Cyber Investigation Team to recover the funds, and following the successful operation, Addison Hunter, OPP Staff Sergeant, noted,
“With the voluntary assistance and cooperation of Tether International Ltd., the stolen digital assets were successfully recovered and returned to the victim. This cooperation was instrumental in ensuring the swift recovery of the assets.”
Tether CEO Paolo Adoino also emphasized the company’s commitment to “supporting law enforcement efforts to combat cybercrime” and will continue to work with law enforcement officials around the world to “bring bad actors to justice and ultimately support victims.”