Tether said the U.S. Department of Justice credited its proactive assistance in restraining more than $52 million in cryptocurrency during an enforcement action against Xinbi Guarantee, a Chinese-language marketplace allegedly used by fraud groups, money launderers and scam-center operators. Investigators traced funds belonging to U.S. victims to providers operating through the network on Telegram. Authorities seized two wallets that had received about $12 million in vendor payments and sought restraints on 47 additional wallets tied to suspected money laundering. The action brought the DOJ Scam Center Strike Force's cumulative enforcement total to $938 million. Tether said it has worked with more than 340 law-enforcement agencies in 67 countries on more than 2,800 cases and helped freeze more than $5 billion in assets linked to illicit activity, including more than $2.5 billion through U.S. authorities. The company said it will continue working with the DOJ, FBI and U.S. Secret Service against the misuse of USDT.