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They're completely counterfeit, not real but generated fraudulently. This article has an example: https://www.freightwaves.com/news/nullship-selling-counterfe...
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This article has some inconsistencies with what I experienced. For example, my label absolutely had tracking before being intercepted. In fact, it made it all the way to my city's distribution center.

https://www.freightwaves.com/news/nullship-selling-counterfe...

Here's the trajectory. Note that the final status has updated to no longer say "counterfeit" it's now just "postage assessment".

----- Delayed for postage assessment, Item in transit to destination

August 13, 2026 5:44 AM

Departed USPS Facility

JERSEY CITY NJ DISTRIBUTION CENTER

August 11, 2026 2:08 PM

Delayed for postage assessment, held awaiting payment

August 10, 2026 9:21 PM

Arrived at USPS Facility

JERSEY CITY NJ DISTRIBUTION CENTER

August 10, 2026 4:53 PM

In Transit to Next Facility

August 10, 2026 6:24 AM

In Transit to Next Facility

August 9, 2026 7:13 PM

Departed USPS Facility

MYTOWN DISTRIBUTION CENTER

August 9, 2026 8:18 AM

Arrived at USPS Facility

MYTOWN DISTRIBUTION CENTER

August 9, 2026 1:28 AM

Departed USPS Facility

MYTOWN DISTRIBUTION CENTER

August 8, 2026 10:30 AM

Delayed for postage assessment, held awaiting payment

August 7, 2026 6:29 PM

In Transit to Next Facility

August 7, 2026 9:14 AM

Arrived at USPS Facility

MYTOWN DISTRIBUTION CENTER

August 7, 2026 7:17 AM

In Transit to Next Facility

August 6, 2026 7:04 AM

In Transit to Next Facility

August 5, 2026 5:53 PM

Departed USPS Facility

OPA LOCKA FL DISTRIBUTION CENTER

August 5, 2026 4:46 AM

Arrived at USPS Facility

OPA LOCKA FL DISTRIBUTION CENTER

August 4, 2026 2:33 PM

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I'm not sure how it works with USPS, but with AusPost here, there is generally an entry at the very start saying 'Label created'.
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If they were real labels the charge wouldn’t be Counterfeiting.
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They can still be real tracking numbers, but faked labels. USPS used to let a lot slide but they've definitely gotten more aggressive with catching packages even slightly out of spec of what the label was for.
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