U.S. civil forfeiture docket names roughly 225 million USDT as defendant property

  • The United States filed a civil action naming approximately 225,364,961 USDT as defendant property.
  • 225,364,961 USDT represents roughly the same amount in dollars at the token’s stated peg.
  • Docket 70571294 does not identify alleged conduct, ownership claimants, statutes or procedural outcome.

The United States has filed a civil case captioned United States v. Approximately 225,364,961 USDT, naming roughly 225 million units of Tether’s dollar-pegged stablecoin as the defendant property. The federal docket lists case number 70571294 and includes a numbered filing identified as document 94 in the existing record. Naming assets rather than people or companies is characteristic of an in rem civil forfeiture action, but the filing does not establish wrongdoing, ownership or a final judgment. The public record described here does not identify individual defendants, the statutes invoked, the alleged underlying conduct, the court venue or parties contesting the property. Because USDT is designed to maintain a one-to-one peg with the U.S. dollar, the amount represents roughly the same value in dollar terms. The case joins earlier U.S. enforcement matters involving USDT linked to specific blockchain addresses, including a Department of Justice action recovering 927,155 USDT tied to a pig-butchering fraud scheme. The complaint, statutes, ownership claims and subsequent docket entries will determine whether the action proceeds by default, settlement or contested litigation.

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