🚨 $50M USDT Phishing Case Takes a Dramatic Turn 🚨

According to ChainCatcher, blockchain researcher Specter has uncovered a bold on-chain message sent to a phishing attacker who stole $50 million USDT.

Here’s what happened:

The victim has officially filed a formal case and, with the help of law enforcement, cybersecurity agencies, and multiple blockchain protocols, has gathered strong actionable intelligence. The attacker’s wallet address is now under 24/7 surveillance.

⏳ The ultimatum:

The attacker has been given 48 hours to return 98% of the stolen funds to a specified address.

If they comply, they can legally keep $1 million as a white-hat bounty for exposing the vulnerability.

Full and timely cooperation = case considered resolved, with no further action taken.

⚖️ But if they refuse…

The case will be escalated through legal and international law enforcement channels, aiming to identify the attacker and pursue criminal and civil liabilities.

💡 Why this matters:

This incident highlights how blockchain transparency, combined with real-world law enforcement, is making large-scale crypto crimes harder to escape. On-chain messages are no longer just data—they’re becoming powerful legal signals.

What do you think?

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